Saudi Arabia, Rich With Oil, Wants to Be Known as the A.I. Exporter
AI Summary
Saudi Arabia is investing heavily in data centers to become a leading artificial intelligence (AI) exporter. The country plans to build two major data centers, one near the Red Sea and another on its eastern coast, with an estimated investment of $5 billion. Crown Prince Mohammed bin Salman aims to leverage Saudi Arabia's abundant energy resources, financial capabilities, and land availability to attract tech giants like OpenAI, Google, Qualcomm, Intel, Oracle, Amazon, and Microsoft. The country is also exploring a significant deal with Elon Musk’s xAI. These initiatives are part of the kingdom's broader efforts to diversify its economy beyond oil dependence.
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