AMD’s Strategic Expansion in AI Infrastructure Gains Momentum

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Advanced Micro Devices (AMD) is making significant strides in the artificial intelligence sector, underscored by a major joint venture announcement. The chipmaker revealed plans to collaborate with Cisco and Saudi startup Humain to construct a massive AI data center in Saudi Arabia. The facility is slated to commence operations with an initial capacity of 100 megawatts, with a long-term roadmap to scale up to a substantial one gigawatt. Demonstrating immediate market demand, video AI startup Luma AI has already reserved the entire initial capacity. This ambitious initiative represents a fundamental shift in AMD’s business model, moving beyond traditional chip sales toward recurring revenue streams from data center operations.