{"id":111296,"date":"2025-08-26T13:03:08","date_gmt":"2025-08-26T13:03:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/111296\/"},"modified":"2025-08-26T13:03:08","modified_gmt":"2025-08-26T13:03:08","slug":"saudi-ai-firm-humain-to-buy-18000-nvidia-chips","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/111296\/","title":{"rendered":"Saudi AI Firm Humain To Buy 18,000 Nvidia Chips"},"content":{"rendered":"\n

This article first appeared on GuruFocus<\/a>.<\/p>\n

Saudi Arabia’s new AI company Humain<\/a> is moving fast to establish itself as a regional heavyweight, breaking ground on its first data centers in Riyadh and Dammam. Each site is expected to open in early 2026 with around 100 megawatts of capacity, CEO Tareq Amin said.<\/p>\n

Humain has already secured approval to purchase 18,000 of Nvidia’s (NASDAQ:NVDA<\/a>) newest AI chips, pending final clearance from U.S. regulators. The startup also struck a $10 billion deal with AMD (NASDAQ:AMD<\/a>) earlier this year to build AI infrastructure in the kingdom, an agreement that could evolve into a joint venture giving AMD an equity stake in a Saudi fund.<\/p>\n

Other U.S. names are also in the mix. Qualcomm (NASDAQ:QCOM<\/a>) and Cisco (NASDAQ:CSCO<\/a>) are listed as partners, while Groq Inc. is powering Humain Chat, a new AI chatbot rolling out across the Middle East. Reports suggest Humain has even held talks with Elon Musk’s xAI.<\/p>\n

Backed by Saudi Arabia’s sovereign wealth fund, Humain plans 1.9 gigawatts of capacity by 2030, underscoring the kingdom’s push to become an AI hub.<\/p>\n

\"Saudi Saudi AI Firm Humain To Buy 18,000 Nvidia Chips <\/p>\n

From the chart above we can see Nvidia stock offers over a 9% upside from current levels, and is trading signficantly behind its GF value of $293.3, hihglighting its robust positioning in the AI space.<\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Saudi Arabia’s new AI company Humain is moving fast to establish itself…\n","protected":false},"author":2,"featured_media":29900,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,20227,181,507,72872,72873,4321,72874,131,74],"class_list":{"0":"post-111296","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-ai-company","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-humain","13":"tag-humain-chat","14":"tag-nvidia","15":"tag-nvidia-stock","16":"tag-saudi-arabia","17":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/111296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=111296"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/111296\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/29900"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=111296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=111296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=111296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}