"Riblion", specializing in artificial intelligence chips, establishes a unit in Saudi Arabia

The South Korean company “Rebellions”, the emerging South Korean intelligence chips, announced today, Tuesday, that it will establish a unit in Saudi Arabia as part of its efforts to enter the Middle East market. The new unit in Riyadh, the company’s first facility in the Middle East, will work as an industry center aimed at ensuring a stable supply of slides, especially designed for Saudi -Aramco, the state’s oil giant. This step comes in the wake of an investment of 20 billion WNA (equivalent to $ 14.4 million) received by “RIBLions” from Aramco with its financing tour “B” in July last year. Local partnerships have indicated ‘RIBLIONS’ that they have discussions with Saudi telecommunications companies about possible partnerships, as well as negotiating with local information technology businesses in an effort to diversify their commercial portfolio. The company is also aimed at opportunities within large -scale artificial intelligence initiatives in Saudi Arabia, which are looking for a comprehensive infrastructure for artificial intelligence in the kingdom. Founded in 2020, a memorandum of understanding was signed last September that focused on the potential use of the segments for nerve treatment in Saudi -Aramco data centers. “Establishing a unit in Saudi Arabia will be a starting point for our vision of keeping up with the increasing demand for sovereign artificial intelligence in the region.”