Saudi AI company, US technological investors and $ 10 billion enterprise fund plans

The new state of Saudi Arabia’s artificial intelligence company will seek investment from the best technological companies and launch a $ 10 billion enterprise capital, as the Kingdom is in order to become a global AI hub.

Tareg, the President of Humein, Anıdaı, Openai, Elon Musk’s Xai and Andreessen Horowitz, said in talks with American groups about ambitious plans.

He said that the world’s largest AI infrastructure providers, but said that American companies are interested in such an agreement, he said he was looking for a sacred partner in the Humin Information Center.

“We are arguing with all this,” he said. “Some of you will soon heard are mass names in the data central segment.”

52-year-old, VC Foundation, Humain enterprises launched a preliminary 10 billion dollars in the United States, Europe and Asia, he said.

Humeaain wants to use Saudi Arabia to gain a central role in almost every side of financial capabilities, investment, infrastructure and chip design.

This creepy strategy is not like a handful of a handful and Chinese great technological companies that have years to build decades, enterprises and technical experiences.

US technology companies are like investment sources with regional technical managers in meetings with regional officials, such as in meetings and strong sovereign resources in meetings and strong sovereign resources.

The 940-billion state investment funded and funded by the Fund, US President Donald Trump visited Riyadh, including Musk, Openai’s SAM Altman and Nvidian CEO Jensen Huang also presented.

Saudi crown Prince Mohammad bin Salman, the Kingdom de facto leader, chairs will blow and manage Multibillion-dollar ambitions in Riyadh. The AI ​​company has already said NVIDIA, AMD, Amazon website services and Qualcomm and Qualcomm and Qualcomm.

Humeni has a target of up to 6.6GW of 1.9 Gigawatt data center capacity by 2030. Evidently, the project will cost $ 77 billion in current market prices, he said.

The proposality, the purpose of his sensitivity by 2030, until 2030, the development of global training, the development of the AI ​​models and “inference”, the model’s response to user desires.

Amino Digital, ARAMCO digital, digital digital executive power from Saudi State Oil Company’s technological lever, Amin, Amin, Amin, Amin, An American American. “There are two ways you can buy: you take it slowly and you definitely do not accept it slowly or go fast.

“Who first reaches the last line, I think he intends to provide a good part of the market share.”

The establishment of the humein uses technology to accelerate the diversification of oil-dependent economies, as the princess Mohammad’s ambitions in the sector in the sector in the sector in the sector and become “data exporters”.

Neighboring United Arab Emirates, like Saudi Arabia, decided to work with American technological groups, because the largest trading partner of the United States has tried to worry about the transfer of technology.

Amen said that he understands the annoying “capital partners only bring capital.”

“The importance of the US ecosystem is very critical.” “If you go and look at our suppliers, you will discover that we are deliberately about the partnership and the choice of choices … We did not want to make a mistake.”

The first stage of the plan to create a huge data center parks, this will start with 50 MW plant hoping to bring up to 500 kW online in the fhasts of about 180,000 chips in 180,000 chips.

AI escalated by the Xai “Colossus” AI has been built using 100,000 NVIDIA GPU. Meanwhile, Openai is expected to be the latest “SuperChip” for the first “Stargate” Information Center, which is funded by Japan’s SoftBank and Oracle, 400,000 NVIDIA GB200 chips – AI systems.

Humeason signs $ 10 billion with AMD to provide 500 MW capacity in five years and invests $ 2 billion to develop data centers and chip design opportunities in the kingdom.

Under the last transaction, Qualcomm will build a chipset design center in Riyadh, which operates 500 engineers. Human does not have plans to move to the production of chip.

Amen said that in the next 30 days, the United States will start the procurement process for the chips of the technological companies, which was optimistic about the sale of sales to be supported by Trump.

In recent weeks, Washington has announced itching As Saudi Arabia, a group that restricts the sale of AI chips to countries, but added that it will present a different rule as pralue.

Concerns about confidentiality and security concerns in the information centers, Amen said, the authentic inventory “or allows customers to immediately check how information is used and processed.

In addition, Riyadh’s legislation is expected to be adopted, the valid information centers, the Tentetry AI company will be regulated within the laws of the country of origin. This is not known if it provides the rules of “information sovereignty” in the EU, for example, prevents sensitive information on the servers abroad.

To attract Kingdom information centers, Riyadh offers subsidies on electrical prices between the lowest in the world. The glue will provide infrastructure for joint ventures.

This is a model that is applied to the GRQ applied to the building described as the world’s largest computing information center. Aramco Digital, as an enterprise, was taken into custody by AMIN, but it will probably act as visible to strengthen its AI assets within the new body.

In February, Riyadh agreed to expand $ 1.5 billion in the country’s eastern province, and provided a rent for 2.3 square miles in an industrial city. The site can save 10 200mw factory, convinced that he plans to prepare a park three times in Riyadh.

Plans are in a period where the government and PIF are fought with many megaprojek at a time, where fewer oil prices and financial liabilities are widely.

The ordinary is one of the areas where the Kingdom will consider priority. The lower prices for oil were affected by the real spending of a period, Amen said: “The question we have to ask: Can you pay as a country if you miss the opportunity?”

Additional report by Michael Acton and Cristina Cristina in San Francisco