Electronic Arts Inc. (EA) has agreed to be acquired by an investor consortium consisting of Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners in a deal...
South Korean startup Rebellions has unveiled a new AI accelerator at the Hot Chips 2025 symposium in California, positioning itself as a rising challenger in the hyperscale computing...
Global spending on sovereign AI infrastructure is surging, fueling record demand for Nvidia's rack-scale server systems. JPMorgan Chase, as cited by Wccftech, says Foxconn...
Saudi Arabia aims to become a leading global AI supplier, positioning computing power as its new economic focus. The kingdom targets reaching the world's third-largest AI supplier...
Saudi Arabia's artificial intelligence startup Mumain has started building its first data centers in Riyadh and Dammam, with operations expected to commence in early 2026, reports...
South Korean AI chip startup Rebellions has opened a subsidiary in Riyadh, making it the first Korean AI semiconductor company to establish a local unit in Saudi Arabia, according...
On August 19, China's Lenovo Group announced that it will set up a new regional headquarters in Saudi Arabia, marking a significant step in its expansion across the Middle East and...
Foxconn has continued to focus on growth in electric vehicles (EVs) and other emerging markets, as part of its "3+3+3" strategy of transition and transformation across the corporate...
In early July, the US Department of Commerce issued a stark warning: using Huawei's Ascend AI chips "anywhere in the world" could be considered a violation of US export controls....
OpenAI is reportedly in talks to raise up to US$40 billion in a major funding round, with potential backing from Saudi Arabia's Public Investment Fund (PIF), India's Reliance Industries,...
While reporters gathered at Taipei's Songshan Airport on May 12 hoping to spot Nvidia CEO Jensen Huang, he was already in the Middle East, accompanying US President Donald Trump on...
Qualcomm has signed a memorandum of understanding (MoU) with Riyadh-based AI firm Humain to co-develop next-generation technologies for AI data centers. The deal was unveiled during...
US President Donald Trump recently led a large delegation of American companies to the Middle East for various political and business cooperation agreements. Reports indicate that...
US President Donald Trump's new agreement with Saudi Arabia will allow the state to procure AI chips from leading US-based chipmakers Nvidia and AMD, as part of the Saudi Vision 2030...