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SDAIA, NVIDIA Presidents Discuss Computing Power Infrastructure in Saudi Arabia

President of the Saudi Data and AI Authority (SDAIA)met on Sunday with Founder, President and CEO of NVIDIA in Riyadh - SPA
President of the Saudi Data and AI Authority (SDAIA)met on Sunday with Founder, President and CEO of NVIDIA in Riyadh - SPA
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SDAIA, NVIDIA Presidents Discuss Computing Power Infrastructure in Saudi Arabia

President of the Saudi Data and AI Authority (SDAIA)met on Sunday with Founder, President and CEO of NVIDIA in Riyadh - SPA
President of the Saudi Data and AI Authority (SDAIA)met on Sunday with Founder, President and CEO of NVIDIA in Riyadh - SPA

President of the Saudi Data and AI Authority (SDAIA) Dr. Abdullah bin Sharaf Alghamdi welcomed on Sunday the Founder, President and CEO of NVIDIA, Jensen Huang, at the authority’s headquarters in Riyadh.
During the meeting, Alghamdi and Huang discussed areas of mutual cooperation between SDAIA and NVIDIA, particularly in technological projects and exchange of expertise in the fields of data and artificial intelligence.
They also explored the latest developments in data and AI worldwide and highlighted NVIDIA's participation in the Global Smart City Forum (GSCF 2024) organized by SDAIA in Riyadh on February 12 and 13, SPA reported.
The meeting reflects ongoing cooperation between SDAIA and NVIDIA, especially in launching a multi-year program to establish a high-performance supercomputing platform in the Kingdom.
The platform will contribute to the development of various AI-supported applications in language technology and computer vision, helping to achieve the aspirations of AI adoption in the Kingdom.

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Meta Reportedly in Talks over Scale AI Investment that Could Exceed $10 Billion

(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)
(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)
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Meta Reportedly in Talks over Scale AI Investment that Could Exceed $10 Billion

(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)
(FILES) Meta corporate headquarters is seen in Menlo Park, California on November 9, 2022. (Photo by JOSH EDELSON / AFP)

Meta Platforms is in talks to make an investment that could exceed $10 billion in artificial intelligence startup Scale AI, Bloomberg News reported on Sunday.

The terms of the deal were not yet finalized and could still change, the report said, citing people familiar with the matter.

Scale AI declined to comment and Meta did not immediately respond to Reuters request for comment outside regular business hours.

Founded in 2016, Scale AI is a data labeling startup backed by tech giants Nvidia, Amazon and Meta.

Last valued at nearly $14 billion, Scale AI also provides a platform for researchers to exchange AI-related information, with contributors in more than 9,000 cities and towns.