Saudi Arabia is optimistic about gaining access to U.S. chipmaker Nvidia's high-performance chips, which would enable it to develop and operate the most advanced artificial intelligence models.

Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil ...

Trump’s election victory signals a new era of peace and technological collaboration with Israel in the Middle East.

Good morning from Riyadh, where I’m attending the eighth annual conference of the Future Investment Initiative (FII) ...

Cash, land and cheap renewable energy were key parts of the kingdom’s pitch to become a “global hub for AI” at its annual ‘Davos in the desert” summit.

Saudi Arabia and the United Arab Emirates are the latest players looking to snap up Nvidia chips to power their artificial intelligence ambitions, joining Elon Musk and China in an ever-growing ...

China’s Ministry of Finance disclosed that it would sell $2 billion in dollar-denominated bonds in Saudi Arabia next week ...

Last year, the United States banned the sale of Nvidia’s and AMD’s advanced ... global influence over the AI industry. This year, Saudi Arabia reportedly planned to launch a $40 billion ...

With Nvidia seeing strong momentum ... been racing to build out data centers to gain AI supremacy, so too have Saudi Arabia and the United Arab Emirates (UAE).

Nvidia Corp. NVDA is leading the weakness in ... In May when rumors were adrift about a potential pact between the U.S. and Saudi Arabia that would offer the latter security guarantees and ...

This is a nonprofit foundation backed by Saudi Arabia’s Public Investment Fund (PIF) that’s popular with global leaders in tech and finance, many of whom have partnered with the kingdom in ...