AMD, Cisco and Saudi’s Humain launch AI joint venture, land first major customer

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Advanced Micro Devices, Cisco Systems and Saudi Arabian artificial intelligence startup Humain are forming a joint venture to build data centers in the Middle East and have landed their first customer, CEOs at the three companies told Reuters in an interview on Tuesday.

The yet-to-be-named joint venture will kick off with a 100-megawatt data center project in Saudi Arabia – the computing capacity of which Humain has contracted to supply generative video startup Luma AI, according to Humain CEO Tareq Amin. The size of the project and the first customer…



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AMD, Cisco and Saudi’s Humain launch AI joint venture, land first major customer



Advanced Micro Devices, Cisco Systems and Saudi Arabian artificial intelligence startup Humain are forming a joint venture to build data centers in the Middle East and have landed their first customer, CEOs at the three companies told Reuters in an interview on Tuesday.

The yet-to-be-named joint venture will kick off with a 100-megawatt data center project in Saudi Arabia – the computing capacity of which Humain has contracted to supply generative video startup Luma AI, according to Humain CEO Tareq Amin. The size of the project and the first customer…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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