India, May 13 -- Nvidia Corp. (NVDA), Tuesday announced a strategic collaboration with HUMAIN, the new full AI value chain subsidiary of Saudi Arabia's Public Investment Fund, to build AI factories in the region with a projected capacity of up to 500 megawatts over the next five years.
The first phase of deployment will be an 18,000 NVIDIA GB300 Grace Blackwell AI supercomputer with NVIDIA InfiniBand networking, the company noted.
The datacenters are expected to provide a secure foundational infrastructure for training and deploying sovereign AI models at scale, enabling industries across Saudi Arabia and worldwide to accelerate innovation and digital transformation.
Currently, Nvidia's stock is climbing 5.44 percent, to $123 on the Nasd...