logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Saudi Arabia braces up to implement AI infrastructure with Nvidia chips

Saudi Arabia braces up to implement AI infrastructure with Nvidia chips

GHADA.ISMAIL
Sep 16, 2024
The Kingdom will develop new AI infrastructure by next year in cooperation with Nvidia

Riyadh – Sharikat Mubasher: Saudi Arabia is welcoming reports that the US government is considering lifting export restrictions on Saudi Arabia and is optimistic about gaining access to U.S. chipmaker Nvidia's high-performance chips, which would enable it to develop and operate the most advanced artificial intelligence models.

Abdulrahman Tariq Habib, a top official at the Saudi Data and AI Authority (SDAIA), said the kingdom expected to make such a stride in the next year, according to Bloomberg.

It's a significant expectation given that the United States' strict export controls have thus far prevented the chips' export to the kingdom. Habib made the comments on the sidelines of GAIN, Saudi Arabia's international AI summit, which took place in Riyadh this week.

It "will mean a lot" for Saudi Arabia to have access to the chips, Habib said — in this case, the Nvidia H200s, the firm's most powerful chips, which are used in OpenAI's GPT-4o.

Habib added: "It will ease business between Saudi and the U.S. It will also open a lot of doors for building the capability, the computational capabilities, in the kingdom. But most importantly, it's not only the computational capability that's important. We worked hard in the past three years in building capacity, in human capacity, we also build data capacity as well. So we are working and collaborating with all [of the] international community and contributing [to] be one of the top active countries in data analysis."

Saudi Arabia is pouring considerable investment into developing a robust AI ecosystem in the kingdom, disclosing in a report by SDAIA that it aims to have AI make up 12% of its gross domestic product by 2030.

 

Tags

Saudi Arabia
Nvidia
SDAIA
AI
infrastructure
Share

Attract clients with your ad

Start Now

Trending

Mawani signs MoU with UNCTAD to host Global Supply Chain Forum 2026
MUBASHER.SA
Fynd expands into Saudi Arabia, accelerates AI-native unified commerce
MUBASHER.SA
YVL Capital Partners officially launches in Dubai
MUBASHER
Hub71 startup Skipr closes $2mn seed round to scale sovereign AI infrastructure
MUBASHER
Capgemini pacts with OpenAI to accelerate AI-powered enterprise transformation
MUBASHER

Related News

Private Equities News
Calendar Icon
Mar 2, 2026
Mawani signs MoU with UNCTAD to host Global Supply Chain Forum 2026
Read More
Private Equities News
Calendar Icon
Mar 1, 2026
YVL Capital Partners officially launches in Dubai
Read More
Private Equities News
Calendar Icon
Mar 1, 2026
Capgemini pacts with OpenAI to accelerate AI-powered enterprise transformation
Read More
Private Equities News
Calendar Icon
Feb 26, 2026
Qassim University launches 5th Innovation Incubator Program to boost startup ideas
Read More
Private Equities News
Calendar Icon
Feb 26, 2026
Saudi Arabia to host MIPIM Middle East 2026 in October
Read More
Private Equities News
Calendar Icon
Feb 26, 2026
Saudi Arabia to launch 1st AAM test site in Riyadh
Read More
Private Equities News
Calendar Icon
Feb 25, 2026
Sitecore deploys SitecoreAI platform in Saudi Arabia, UAE
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher