Saudi Arabia

Aramco Digital and artificial intelligence startup Groq have announced plans to build the world's largest artificial intelligence inference data center in Saudi Arabia. The partnership, announced at the Global AI Summit 2024, marks a significant step forward in Saudi Arabia's efforts to become a global AI hub. The facility, which will be operational by the end of the year, will initially house 19,000 Groq language processing units and will eventually expand to 200,000. Aramco Digital CEO Tare...

Saudi Arabia is planning to set up a $40 billion (currently about Rs. 288 billion) venture capital fund for AI startups, according to the New York Times. According to multiple sources, the Gulf nation, which is sitting on a huge oil fortune, is looking to back a range of AI tech startups, from chip design to data centers. Representatives of the country have even said that Saudi Arabia is considering starting its own AI company. Pexels Specifically, the Saudis are working with top Silicon Valley venture capital firm Andreessen Horowitz...