Saudi Arabia and AMD Launch $10B AI Initiative

Massive AI Investment

Saudi Arabia has partnered with semiconductor giant AMD in a $10 billion project to expand its artificial intelligence capabilities. The initiative focuses on building advanced data centers and deploying AMD’s cutting-edge chips across the country.

Vision 2030 and Global Ambitions

This move is part of Saudi Arabia’s Vision 2030 strategy to diversify its economy through technology and innovation. By investing in AI infrastructure, the kingdom aims to become a competitive global hub for AI development and applications.