News from the AI & ML world
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Major tech companies are significantly expanding their AI presence in Saudi Arabia. Salesforce has announced a $500 million investment to drive AI innovation and growth in the region, introducing its Hyperforce advanced platform architecture to the Saudi market. This move aims to foster workforce development through AI skilling and enhance Salesforce's local partner ecosystem. Salesforce is also planning to team up with Deloitte, Capgemini, Globant, IBM, and PwC.
Groq has secured a substantial $1.5 billion commitment from the Kingdom of Saudi Arabia (KSA) to expand the delivery of its advanced LPU-based AI inference infrastructure. This partnership aims to support the Kingdom's Vision 2030 goal of an AI-powered economy. GroqCloud services are now available to nearly four billion people regionally, adjacent to the KSA and is now enabling service to the EMEA and South Asia markets in ways unseen before. The rapid installation established a critical AI hub to serve surging compute demand globally.
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References :
- Groq: Groq has secured a $1.5 billion commitment from the Kingdom of Saudi Arabia (KSA) for expanded delivery of its advanced LPU-based AI inference infrastructure.
- Salesforce: Salesforce Announces $500M Investment in Saudi Arabia to Drive AI Innovation and Growth
- Verdict: Salesforce's investment will introduce Hyperforce advanced platform architecture to the Saudi market.
Classification:
- HashTags: #AIInvestment #SaudiAI #TechExpansion
- Company: Salesforce, Google, Amazon, Groq
- Target: Saudi Arabia
- Product: AI
- Feature: AI Investments
- Type: AI
- Severity: Informative