Saudi Humain and AMD plan to invest $10 billion to deploy AI devices

AASTOCKS
2025.05.13 17:12

The newly established artificial intelligence investment company Humain in Saudi Arabia has partnered with AMD (AMD.US) to invest $10 billion in artificial intelligence infrastructure over the next five years. AMD's stock price rose 4% on Tuesday.

This collaboration will see Humain overseeing the development of data centers, power systems, and fiber optic connections, while AMD will provide chips and software

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