FXHedge
FXHedge|Nov 20, 2025 00:52
ELON MUSK, NVIDIA UNVEIL DEAL WITH SAUDI STATE-BACKED FIRM TO BUILD MASSIVE AI DATA CENTER Elon Musk’s xAI and Jensen Huang-led Nvidia announced Wednesday they are partnering with Saudi Arabia’s state-backed artificial intelligence firm to build a massive AI data center in the Persian Gulf kingdom. The center is expected to consume as much as 500 megawatts of electricity – making it xAI’s largest site outside the US, according to reports. As part of the deal, Musk’s xAI chatbot, Grok, will be deployed throughout Saudi Arabia, according to an xAI press release. Full article: https://www.msn.com/en-us/money/companies/elon-musk-nvidia-unveil-deal-with-saudi-state-backed-firm-to-build-massive-ai-data-center/ar-AA1QLtpr?ocid=msedgntp&pc=HCTS&cvid=691e5288f958402aaceacf30cc48be80&ei=118(FXHedge)
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