Exclusive - Humane Saudi Arabia, AMD, and Cisco launch a joint venture in artificial intelligence

SAN FRANCISCO, Nov 19 (Reuters) - The chief executives of Advanced Micro Devices (AMD), Cisco Systems and Saudi AI startup Humine said on Tuesday they would all form a joint venture to build data centers in the Middle East and had secured their first customers.

Tarek Amin, CEO of Humane, said the joint venture, whose name has not yet been announced, will begin with the construction of a 100-megawatt data center in Saudi Arabia. Humane has contracted to supply the computing power for this center to Luma AI, a video-generating startup. The size of the project and its first client have not been previously disclosed.



(Prepared by Mohamed Ali Farag for the Arabic Bulletin - Edited by Muath Abdel Aziz)

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.