Saudi set to announce slew of AI deals with US firms

Saudi Arabia’s sovereign wealth fund-backed artificial intelligence company, Humain, is set to announce a slew of new deals with US firms tomorrow as the country looks to pour billions of dollars into a plan to become the world’s third-largest country for AI.

Humain is planning to announce multi-gigawatt data center buildouts in collaboration with companies including Amazon, AMD, xAI, and GlobalAI, according to people familiar with the matter. The deals are expected to follow from an agreement for the US to approve a large semiconductors sale to the country, the people said.