By Adriano Marchese and Connor Hart
Humain, the arm of Saudi Arabia's public investment fund focused on artificial intelligence, will partner with several U.S. tech companies to build out AI infrastructure in the country.
The AI value-chain subsidiary of Saudi Arabia's Public Investment Fund on Monday said it has formed strategic partnerships with Nvidia, Amazon.com and Advanced Micro Devices. Under these three collaborations, the Kingdom of Saudi Arabia expects more than $15 billion of investments to contribute to the deployment of hundreds of megawatts of AI compute capacity over the coming years.
Humain earlier in the day disclosed its partnership with chipmaking giant Nvidia, under which it planned to build AI factories in the country with a projected capacity of up to 500 megawatts, powered by hundreds of thousands of Nvidia's GPUs.
The first phase of deployment would involve about 18,000 of Nvidia's supercomputers, the parties said.
Later, in a separate release, Humain said it would work with Amazon's cloud business, Amazon Web Services, to invest more than $5 billion and build what it called an AI Zone. This zone is set to combine multiple AI capabilities and will allow Humain to develop AI solutions using AWS technologies for its end customers, it added.
Amazon's recent investment follows a previously announced, separate $5.3 billion investment to build an AWS infrastructure region in Saudi Arabia that is set to become available next year.
Humain will additionally partner with Advanced Micro Devices to build a network of AMD-based AI computing centers stretching from Saudi Arabia to the U.S. The parties will invest up to $10 billion to deploy 500 megawatts of AI computing capacity over the next five years.
The AI superstructure built by AMD and Humain will be open by design, accessible at scale and optimized to power AI workloads across enterprise, start-up and sovereign markets, they said.
Investors rallied behind the investments. In afternoon trading Tuesday, Nvidia's shares rose 5.8%, to $130.18; Amazon's shares climbed 2.4%, to $213.75; and AMD's shares gained 3.8%, to $112.27.
Write to Adriano Marchese at adriano.marchese@wsj.com and Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
May 13, 2025 12:56 ET (16:56 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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