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Saudi Arabia Commits $1.5 Billion to Expand AI Infrastructure with Groq

Summary by Analytics India Magazine

Saudi Arabia has announced a $1.5 billion investment in Silicon Valley-based AI startup Groq to expand AI inference infrastructure in the region. The agreement, revealed at LEAP 2025, Saudi Arabia’s leading tech event, strengthens the Kingdom’s AI computing capabilities and advances its Vision 2030 goal of building an AI-powered economy. The funding builds on Groq’s previous work in the region, including the rapid deployment of the largest AI in…

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Saudi Arabia strengthens its leadership in artificial intelligence with an investment of almost $15 billion

Saudi Arabia consolidates its commitment to artificial intelligence (IA) and technology with the signing of strategic agreements and an investment of $14.9 billion under LEAP 2025, the technology summit held in Riyadh this week. These investments include collaborations with industry giants such as Google Cloud, Lenovo, Alibaba Cloud, Qualcomm, Groq and Salesforce, with the aim of strengthening innovation in AI and expanding cloud services.

9 days ago

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