AMD and HUMAIN Form Strategic, $10B Collaboration to Advance Global AI

AMD (NASDAQ: AMD) and HUMAIN Saudi Arabia's new AI enterprise, today announced a landmark agreement to build the world's most open, scalable, resilient, and cost-efficient AI infrastructure, that will power the future of global intelligence through a network of AMD-based AI computing centers stretching from the Kingdom of Saudi Arabia to the United States.

As part of the agreement, the parties will invest up to $10B to deploy 500 megawatts of AI compute capacity over the next five years. The AI superstructure built by AMD and HUMAIN will be open by design, accessible at scale, and optimized to power AI workloads across enterprise, start-up and sovereign markets. HUMAIN will oversee end-to-end delivery, including hyperscale data center, sustainable power systems, and global fiber interconnects, and AMD will provide the full spectrum of the AMD AI compute portfolio and the AMD ROCm™ open software ecosystem.

"At AMD, we have a bold vision to enable the future of AI everywhere - bringing open, high-performance computing to every developer, AI start-up and enterprise around the world," said Dr. Lisa Su, Chair and CEO, AMD. "Our investment with HUMAIN is a significant milestone in advancing global AI infrastructure. Together, we are building a globally significant AI platform that delivers performance, openness and reach at unprecedented levels."

"This is not just another infrastructure play - it's an open invitation to the world's innovators," said Tareq Amin, CEO of HUMAIN. "We are democratizing AI at the compute level, ensuring that access to advanced AI is limited only by imagination, not by infrastructure."

With initial deployments already underway across key global regions, the collaboration is on track to activate multi-exaflop capacity by early 2026, supported by next-gen AI silicon, modular data center zones, and a developer-enablement focused software platform stack built around open standards and interoperability.

Full-Spectrum AI at Scale

The collaboration will deliver a market-defining value proposition by combining the Kingdom's energy resources, AI-ready workforce and forward-looking national AI policies with the AMD full-spectrum AI stack including:

  • AMD Instinct™ GPUs, with industry-leading memory and inference performance.
  • AMD EPYC™ CPUs, offering world-class compute density and energy efficiency.
  • AMD Pensando™ DPUs, enabling scalable, secure, and programmable networking.
  • AMD Ryzen™ AI, bringing on-device AI compute to the edge.
  • AMD ROCm open software ecosystem with built-in support for all AI frameworks (PyTorch, SGLang, etc.)

About AMD
For more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. Billions of people, leading Fortune 500 businesses and cutting-edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ:AMD) website , blog , LinkedIn and X pages.

About Humain
HUMAIN, a PIF company, is a global artificial intelligence company delivering full-stack AI capabilities across four core areas - next-generation data centers, hyper-performance infrastructure & cloud platforms, advanced AI Models, including the world's most advanced Arabic multimodal LLMs, and transformative AI Solutions that combine deep sector insight with real-world execution. HUMAIN's end-to-end model serves both public and private sector organisations, unlocking exponential value across all industries, driving transformation and strengthening capabilities through human-AI synergies. With a growing portfolio of sector-specific AI products and a core mission to drive IP leadership and talent supremacy world-wide, HUMAIN is engineered for global competitiveness and national distinction. www.humain.ai

AMD, the AMD logo, AMD Instinct, AMD ROCm, EPYC, Pensando, Ryzen and combinations thereof are trademarks of Advanced Micro Devices, Inc.

Cautionary Statement
This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) such as, the expected benefits of the collaboration between AMD and HUMAIN; the expected plans to deploy up to 500 megawatts of AI infrastructure over the next five years; the ability of AMD to provide its AMD AI compute portfolio and software ecosystem; and the ability of the collaboration to activate multi-exaflop capacity by 2026, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are commonly identified by words such as "would," "may," "expects," "believes," "plans," "intends," "projects" and other terms with similar meaning. Investors are cautioned that the forward-looking statements in this press release are based on current beliefs, assumptions and expectations, speak only as of the date of this press release and involve risks and uncertainties that could cause actual results to differ materially from current expectations. Such statements are subject to certain known and unknown risks and uncertainties, many of which are difficult to predict and generally beyond AMD's control, that could cause actual results and other future events to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Material factors that could cause actual results to differ materially from current expectations include, without limitation, the following: the impact of government actions and regulations such as export regulations, tariffs and trade protection measures, and licensing requirements; Intel Corporation's dominance of the microprocessor market and its aggressive business practices; Nvidia's dominance in the graphics processing unit market and its aggressive business practices; competitive markets in which AMD's products are sold; the cyclical nature of the semiconductor industry; market conditions of the industries in which AMD products are sold; AMD's ability to introduce products on a timely basis with expected features and performance levels; loss of a significant customer; economic and market uncertainty; quarterly and seasonal sales patterns; AMD's ability to adequately protect its technology or other intellectual property; unfavorable currency exchange rate fluctuations; ability of third party manufacturers to manufacture AMD's products on a timely basis in sufficient quantities and using competitive technologies; availability of essential equipment, materials, substrates or manufacturing processes; ability to achieve expected manufacturing yields for AMD's products; AMD's ability to generate revenue from its semi-custom SoC products; potential security vulnerabilities; potential security incidents including IT outages, data loss, data breaches and cyberattacks; uncertainties involving the ordering and shipment of AMD's products; AMD's reliance on third-party intellectual property to design and introduce new products; AMD's reliance on third-party companies for design, manufacture and supply of motherboards, software, memory and other computer platform components; AMD's reliance on Microsoft and other software vendors' support to design and develop software to run on AMD's products; AMD's reliance on third-party distributors and add-in-board partners; impact of modification or interruption of AMD's internal business processes and information systems; compatibility of AMD's products with some or all industry-standard software and hardware; costs related to defective products; efficiency of AMD's supply chain; AMD's ability to rely on third party supply-chain logistics functions; AMD's ability to effectively control sales of its products on the gray market; long-term impact of climate change on AMD's business; AMD's ability to realize its deferred tax assets; potential tax liabilities; current and future claims and litigation; impact of environmental laws, conflict minerals related provisions and other laws or regulations; evolving expectations from governments, investors, customers and other stakeholders regarding corporate responsibility matters; issues related to the responsible use of AI; restrictions imposed by agreements governing AMD's notes, the guarantees of Xilinx's notes, the revolving credit agreement and the ZT Systems credit agreement; impact of acquisitions, joint ventures and/or strategic investments on AMD's business and AMD's ability to integrate acquired businesses, including ZT Systems; AMD's ability to sell the ZT Systems manufacturing business; impact of any impairment of the combined company's assets; political, legal and economic risks and natural disasters; future impairments of technology license purchases; AMD's ability to attract and retain qualified personnel; and AMD's stock price volatility. Investors are urged to review in detail the risks and uncertainties in AMD's Securities and Exchange Commission filings, including but not limited to AMD's most recent reports on Forms 10-K and 10-Q.


Contact: Aaron Grabein AMD Communications +1 737-256-9518 aaron.grabein@AMD.com Liz Stine AMD Investor Relations +1 720-652-3965 liz.stine@AMD.com

Primary Logo

News Provided by GlobeNewswire via QuoteMedia

AMD
The Conversation (0)
InMed Pharmaceuticals Reports Full Year Fiscal 2025 Financial Results and Provides Business Update

InMed Pharmaceuticals Reports Full Year Fiscal 2025 Financial Results and Provides Business Update

  • Advances INM-901 program, addressing multiple key biological pathways implicated in Alzheimer's disease pathology

  • Further develops INM-089 demonstrating neuroprotection in the treatment of dry Age-related Macular Degeneration

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
InMed Reports Second Quarter Fiscal 2025 Financial Results and Provides Business Update

InMed Reports Second Quarter Fiscal 2025 Financial Results and Provides Business Update

InMed Pharmaceuticals Inc. (NASDAQ: INM) ("InMed" or the "Company"), a pharmaceutical company focused on developing a pipeline of proprietary small molecule drug candidates for diseases with high unmet medical needs, today reports financial results for the second quarter of the fiscal year 2025 which ended December 31, 2024.

The Company's full financial statements and related MD&A for the first quarter ended December 31, 2024, are available at www.inmedpharma.com, www.sedar.com and at www.sec.gov.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
InMed Announces INM-089 Intravitreal Formulation in the Treatment of Dry Age-Related Macular Degeneration

InMed Announces INM-089 Intravitreal Formulation in the Treatment of Dry Age-Related Macular Degeneration

  • INM-089 IVT formulation selected for continued development
  • Demonstrated successful delivery at doses up to 10 times the projected therapeutic level, indicating a favorable pharmacokinetic profile and a significant safety margin
  • Dose ranging studies completed

InMed Pharmaceuticals Inc. (NASDAQ: INM) ("InMed" or the "Company"), a pharmaceutical company focused on developing a pipeline of proprietary small molecule drug candidates for diseases with high unmet medical needs, today announced the selection of an intravitreal ('IVT') formulation for INM-089 as a drug candidate to be utilized in the Company's ongoing development program targeting the treatment of dry age-related macular degeneration ('AMD').

Michael Woudenberg, InMed's Chief Operating Officer and Senior Vice President of Chemistry, Manufacturing, and Controls, commented, "We are encouraged by the recent data demonstrating that INM-089 can be successfully delivered as an IVT formulation, offering several advantages for the continued development of this compound in the treatment of dry AMD. The supporting data generated through the IVT formulation underscores its potential as an effective therapeutic approach for this challenging condition."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Cisco Live 2024: Cisco Announces New AI-powered Innovations and Investments to Help Customers Unlock a More Connected and Secure Future

Cisco Live 2024: Cisco Announces New AI-powered Innovations and Investments to Help Customers Unlock a More Connected and Secure Future

News summary:

  • AI-powered innovations build customers' digital resilience by uniquely combining the power of the network with industry-leading security, observability, and data, simplifying adoption, and offering visibility and insight across the entire digital footprint.
  • Cisco Investments has launched a $1 Billion Global AI Investment Fund to advance industry innovation and customer readiness, and support Cisco's strategy to connect and protect organizations in an AI-powered future.
  • This year's show headlined by keynote speakers, including Cisco Chair and CEO Chuck Robbins ; 7x Super Bowl Champion, Entrepreneur & Philanthropist Tom Brady; and from McLaren Racing, CEO Zak Brown and F1 Team Driver Oscar Piastri.

CISCO LIVECisco (NASDAQ: CSCO) kicks off Cisco LIVE 2024 with new AI-powered innovations and investments that deliver a clear message: AI isn't just the latest turning point in technology. It's an efficient, intelligent source of digital resilience that can connect and protect entire organizations and power growth, scale, and an inclusive future for all.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Computer Industry Joins NVIDIA to Build AI Factories and Data Centers for the Next Industrial Revolution

Computer Industry Joins NVIDIA to Build AI Factories and Data Centers for the Next Industrial Revolution

  • Top Computer Manufacturers Unveil Array of Blackwell-Powered Systems Featuring Grace CPUs, NVIDIA Networking and Infrastructure
  • Broad Portfolios Encompass Cloud, On-Premises, Embedded and Edge AI Systems
  • Offerings Range From Single to Multi-GPUs, x86 to Grace, Air to Liquid Cooling

COMPUTEX -- NVIDIA and the world's top computer manufacturers today unveiled an array of NVIDIA Blackwell architecture-powered systems featuring Grace CPUs, NVIDIA networking and infrastructure for enterprises to build AI factories and data centers to drive the next wave of generative AI breakthroughs.

During his COMPUTEX keynote, NVIDIA founder and CEO Jensen Huang announced that ASRock Rack , ASUS , GIGABYTE , Ingrasys , Inventec , Pegatron , QCT, Supermicro, Wistron and Wiwynn will deliver cloud, on-premises, embedded and edge AI systems using NVIDIA GPUs and networking.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Homerun Resources Inc. Provides Financing Updates

Homerun Resources Inc. Provides Financing Updates

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to provide an update on the status of its previously announced $6,000,000 proposed financing with a single institutional investor (the "Offering").

Since announcing the Offering, the Company and the institutional investor have been engaged in an ongoing financing review process with the TSX Venture Exchange (the "TSXV") regarding the structure and documentation of the transaction. Over the past several months, the Company has held detailed discussions with the TSXV to address the unique elements of the Offering, as it is the first of its kind on the TSXV. The Company believes that it is nearing the conclusion of this review and expects to receive TSXV approval for the Offering structure in the near term. A further news release will be issued upon receipt of conditional approval from the TSXV and with additional details regarding the closing process.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Revolve Renewable Power (TSXV:REVV)

Revolve Receives Approval from the Alberta Utilities Commission for the 15.7 MW Bright Meadows Solar Project

Revolve Renewable Power Corp. (TSXV:REVV)(OTCQB:REVVF) ("Revolve" or the "Company"), a North American owner, operator and developer of renewable energy projects, is pleased to announce that its wholly-owned subsidiary, Revolve Meadows Solar GP Inc., has received Power Plant Approval (Decision 29985-D01-2025) from the Alberta Utilities Commission (the "AUC") for the 15.7 MW Bright Meadows Solar Project ("Bright Meadows Project").

Located in in the County of Wetaskiwin, Alberta, approximately 80 km south of Edmonton, the Bright Meadows Project is a 15.7 MW solar power project that will generate enough renewable electricity to power more than 3,700 homes once operational. The project incorporates agrivoltaics to optimize solar energy production while preserving the agricultural value of the land. This innovative model minimizes land impact and supports long-term sustainability for rural communities.

Keep reading...Show less
Homerun Resources Inc. Announces Updated Offtake Agreement with Brasil Fotovoltaico for the Supply of High-Quality Solar Glass

Homerun Resources Inc. Announces Updated Offtake Agreement with Brasil Fotovoltaico for the Supply of High-Quality Solar Glass

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that the Company has updated and signed a non-binding offtake agreement with Brasil Fotovoltaico Ltda. ("BRFV"). Under the offtake agreement, Homerun will supply BRFV with a minimum annual volume of 180 thousand tonnes of solar glass manufactured by the Company in Belmonte, Bahia, Brazil. The initial price for the solar glass is set at USD 750 per tonne, Free on Board (FOB) the Homerun facility.

"This updated offtake agreement aligns with the plan to have the full initial capacity of the Homerun solar glass plant covered by offtake agreements with Brazilian operators. Homerun has now announced 300 thousand tonnes of solar glass offtake and based on current ongoing discussions for increased and new offtakes, that number is expected to grow to 450 thousand tonnes which will exceed the modeled 1000 tonne per day plant capacity. This offtake process continues to confirm Homerun's position as the go-to supplier for solar glass in Brazil. Homerun has drawn the attention of both existing and future solar module manufacturers in Brazil and upon the completion of the BFS, the Company will formalize these offtake agreements to remove market risk and to facilitate further CAPEX streams to finance the building of the facility," stated Armando Farhate, COO of Homerun.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Completion of Non-Renounceable Pro-Rata Entitlement Offer

Completion of Non-Renounceable Pro-Rata Entitlement Offer

Carbonxt Group (CG1:AU) has announced Completion of Non-Renounceable Pro-Rata Entitlement Offer

Download the PDF here.

Homerun Resources Inc. Signs Binding LOI for the Acquisition of Additional Mineral Rights in the Santa Maria Eterna Silica Sand District

Homerun Resources Inc. Signs Binding LOI for the Acquisition of Additional Mineral Rights in the Santa Maria Eterna Silica Sand District

News Release Highlights:

  • Homerun has now secured ownership and supply agreements covering the entire Santa Maria Eterna Silica Sand District.
  • The new Pedreiras concession is fully permitted with a low royalty rate of R$ 30.17 per extracted tonne.
  • The Pedreiras concessions have been drilled to a depth of 8 metres with a 32 million tonne resource filed at the Agência Nacional de Mineração (ANM).
  • The Company's target resource under the three CBPM Lease acquisitions now exceeds 200 million tonnes.

Homerun Resources Inc. (TSXV: HMR,OTC:HMRFF) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce it has signed a binding Letter of Intent (LOI) with Pedreiras do Brasil S.A. ("Pedreiras") a company controlled by Vitoria Stone, dated September 10, 2025, securing the rights to exploit the Pedreiras mining tenement (871.7212021, 246.36 hectares) at the Santa Maria Eterna Silica Sand District in the municipality of Belmonte, Bahia, Brazil, granted under a lease agreement with Companhia Bahiana de Pesquisa Mineral (CBPM).

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News