AMD
semiconductors
saudi-arabia
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Semiconductor company deploying its largest inference cluster outside the United States to support local AI workloads.
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6 days agoA woman founder just sold her AI startup to a woman CEO for $8.2 billion in a deal set to challenge the male-dominated sector
Dr Fei‑Fei Li has sold her AI startup World Labs to AMD in an $8.2 billion stock deal; Li will join AMD as executive vice president and chief scientist reporting to CEO Dr Lisa Su. The acquisition pairs World Labs' world-model software expertise with AMD's hardware capabilities to better challenge Nvidia.

tech
about 1 month ago$15bln technology investments, partnerships announced as LEAP opens in Saudi Arabia
LEAP 2026 opened in Saudi Arabia with more than $15 billion in announced technology investments and strategic commitments focused on AI, cloud infrastructure and autonomous systems, led by deals involving HUMAIN, AWS, xAI, AMD and others.