$AMD(AMD.US)AMD and Cisco have teamed up with Saudi AI startup Humain to form a joint venture, targeting the construction of AI data centers in Saudi Arabia with a total capacity of up to 1 gigawatt by 2030. The project has already secured Luma AI as its first customer, which has committed to the full initial 100-megawatt capacity. AMD will supply its Instinct MI450 AI chips, while Cisco provides key networking infrastructure. With Saudi sovereign wealth fund backing, this initiative represents a strategic fusion of U.S. technology and Middle Eastern capital, advancing Saudi Arabia’s digital transformation.
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