Saudi Arabia

February 11, 2011 - AI inference chip startup Groq announced yesterday, local time, that Saudi Arabia has committed to investing $1.5 billion (note: currently around RMB 10.962 billion) to support Groq's expansion of its AI inference infrastructure in Dammam, Saudi Arabia. Groq's Dammam data center, built in partnership with a subsidiary of oil giant Saudi Aramco, now contains 19,000 Groq LPUs (Language Processing Units) and serves 4 billion users in 41 countries. And...

According to foreign media reports, Prosperity7, the venture capital arm of Saudi Aramco, the state-owned oil group of Saudi Arabia, recently participated in a new round of financing for Zhipu AI, a Chinese generative artificial intelligence startup, with an investment of approximately US$400 million, bringing Zhipu AI's valuation to approximately US$3 billion. Source note: The image is generated by AI, and the image is authorized by Midjourney. It is reported that Zhipu AI, founded in 2019, is a technology achievement transformation company of the Department of Computer Science at Tsinghua University, led by the famous scholar Professor Tang Jie. The company has made remarkable achievements in the field of generative artificial intelligence,…