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NVIDIA CEO Jensen Huang was in Saudi Arabia today, announcing it would be supplying AI semiconductors to Saudi Arabia AI company Humain, for its new 500-megawatt AI data centers.

The announcement was made on-stage at the Saudi-US Investment Forum in Riyadh, where President Trump, SpaceX and Tesla CEO Elon Musk, OpenAI CEO Sam Altman, BlackRock CEO Stephen Schwartzman, and many other high-profile US players attended. NVIDIA CEO Jensen Huang announced the news, adding that AI needs a lot of power, with Saudi Arabia being an energy-rich country that will be able to use NVIDIA AI GPUs to unlock new capabilities in the field.
Humain is owned by the Saudi kingdom's Public Investment Fund, which was unveiled on Monday, with the task of developing data centers, AI infrastructure, and Arabic large language models (LLMs). Humain CEO Tareq Amin said his company will build 1.9-gigawatts of AI data centers by 2030.
Saudi Arabia has mandated that all personal and financial data be stored locally, pushing international companies to install facilities in the kingdom in order to avoid losing contracts. Amazon has been fast into action, promising in 2024 to spend $10 billion worth of data centers in Saudi Arabia, and now NVIDIA CEO Jensen Huang is providing the AI chips into the kingdom.
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