Saudi Hummayne and "AMD" invest $ 10 billion in artificial intelligence

Humain works with the newly established artificial intelligence in Saudi Arabia, with advanced micro devices to spend $ 10 billion on artificial intelligence infrastructure over the next five years. “Humamen” will oversee the development of data centers, sustainable energy systems and global communication with optical fibers, while “ad” will provide chips and software, according to a statement released on Tuesday. The two companies said these efforts are aimed at building data centers “ranging from Saudi Arabia to the United States.” Similar to the biggest competitor, “Invidia”, “AMD” wants to expand its client base in the field of artificial intelligence parks, the discs used to develop artificial intelligence software. This market is currently dominated by a small group of data center operators, including “Microsoft” and “Amazon”. To attract the investments of sovereign funds in artificial intelligence – that is, the initiatives adopted by countries to build national abilities – are a significant part of the efforts to attract new customers. However, the statement issued today, Tuesday, did not make it clear whether AMD would employ its own money in the project, or that it would only be satisfied with the supplier’s role. The development of the artificial intelligence infrastructure, Lisa Soo, CEO of AMD, said in the statement: “Our investment with (Hummeen) is an important achievement in developing the global infrastructure of artificial intelligence. Together, we build a global levels of artificial intelligence, which offers performance, openness and wide range with an unparalleled levels.” AMD comes second to ‘Invidia’ in the velocity growth market, which is a fast -growing field that has a more difficult organization in the United States. The country has imposed rules on countries where such products can be exported, in an effort to prevent technology from reaching the hands of China and other countries that it is a threat to national security. Invidia also intends to send semiconductors to ‘Hummeen’ as part of the construction of the new data center for artificial intelligence project. The partnership was announced during the Saudi American Investment Forum in Riyadh, in collaboration with President Donald Trump’s visit to the kingdom. These ads come at a time when the Trump administration is preparing to announce an agreement that gives Saudi Arabia more access to advanced semiconductors, according to people who are familiar with the matter, a step that will pave the way to increase the capacity of data centers in the Golf State.