Saudi Arabia’s sovereign wealth-fund backed AI company Humain is slated to announce a number of new deals with U.S. companies on Wednesday as the Kingdom aims to invest billions of dollars into a plan to become the globe’s third biggest country for AI, Semafor’s Matthew Martin reports. The AI company intends to announce multi-gigawatts data center buildouts in partnership with companies such as Amazon (AMZN), AMD (AMD), xAI, and GlobalAI, with the agreements expected to follow on from an arrangement for the U.S. to clear a large chip sale to Saudi Arabia, the author says, citing people familiar with the matter.
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