AMD and Cisco establish a joint venture for artificial intelligence in Saudi Arabia.
In early trading on Thursday, US stocks saw AMD's share price rise by 2.3% and Cisco's rise by 1.7%. It is reported that AMD and Cisco will jointly invest in a joint venture with Saudi artificial intelligence startup HUMAIN, aiming to build a 1 gigawatt artificial intelligence infrastructure by 2030, with an initial deployment of 100 megawatts in Saudi Arabia.
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