Snapshot of the agreement signing
The National Infrastructure Fund (Infra) and HUMAIN signed two financing agreements totaling up to SAR 2.5 billion ($667 million) to support the provision of AI computing capacity and the development of critical energy infrastructure in Saudi Arabia. 
The first financing facility, dedicated to funding graphics processing units (GPUs), is valued at up to SAR 1.1 billion ($293.3 million). It will support the purchase and provision of GPUs with approximately 25 megawatts of IT load capacity, the state-run SPA reported.
Snapshot of the agreement signing
The National Infrastructure Fund (Infra) and HUMAIN signed two financing agreements totaling up to SAR 2.5 billion ($667 million) to support the provision of AI computing capacity and the development of critical energy infrastructure in Saudi Arabia.
The first financing facility, dedicated to funding graphics processing units (GPUs), is valued at up to SAR 1.1 billion ($293.3 million). It will support the purchase and provision of GPUs with approximately 25 megawatts of IT load capacity, the state-run SPA reported.
