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Category: AI

AMD and HUMAIN Forge $10B Strategic Partnership to Revolutionize Global AI Infrastructure

AMD and HUMAIN have announced a $10 billion strategic partnership to develop a scalable, open, and cost-efficient AI infrastructure spanning Saudi Arabia and the United States. This multi-year collaboration aims to deploy 500 megawatts of AI compute capacity, powered by AMD’s comprehensive compute portfolio and AMD ROCm open software ecosystem. The partnership will democratize access to AI, providing scalable, high-performance AI capabilities to enterprises, startups, and sovereign markets worldwide.

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TruBuild Secures $1 Million Seed Funding to Scale Its AI‑Driven Construction Risk Platform in Saudi Arabia and Beyond

Riyadh‑based startup TruBuild has closed a $1 million seed round led by Wa’ed Ventures and Dar Ventures, with participation from Plug & Play Ventures, OQAL, Taz Investment and strategic angels. The capital will enhance TruBuild’s AI platform—which analyzes project data to flag risks early and curb cost overruns—while expanding the company’s engineering and commercial teams to serve clients across Saudi Arabia and international markets.

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