AMD, Cisco and HUMAIN to Form Joint Venture to Deliver World-Leading AI Infrastructure
Rhea-AI Summary
AMD (AMD), Cisco and HUMAIN announced a joint venture to build large-scale AI infrastructure in Saudi Arabia, targeting up to 1 GW of capacity by 2030 with an initial 100 MW phase 1 planned to begin operations in 2026. AMD and Cisco will serve as exclusive technology partners, supplying AMD Instinct MI450 Series GPUs and Cisco critical infrastructure while HUMAIN provides modern data center capacity. The companies said the joint venture aims to deliver cost-efficient, high-performance compute to power regional and global AI use cases and will include an AMD Center of Excellence in Saudi Arabia.
Positive
- Phase 1: 100 MW AI deployment planned for 2026
- Target capacity: up to 1 GW by 2030
- AMD Instinct MI450 GPUs committed to the buildout
- AMD Center of Excellence to be established in Saudi Arabia
Negative
- Phase 1 100 MW equals only 10% of the 1 GW target
News Market Reaction 16 Alerts
On the day this news was published, AMD declined 2.93%, reflecting a moderate negative market reaction. Our momentum scanner triggered 16 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $10.99B from the company's valuation, bringing the market cap to $363.95B at that time.
Data tracked by StockTitan Argus on the day of publication.
Joint venture to deliver up to 1 GW of AI infrastructure by 2030, starting with a 100 MW deployment in the
News Summary
- AMD, Cisco and HUMAIN to invest in a joint venture and serve as its exclusive technology partners, deepening their multi-year strategic collaboration announced in May during
U.S. President Donald J. Trump's visit to theKingdom of Saudi Arabia . - The joint venture plans to deploy up to 1 GW of AI infrastructure by 2030, with the shared ambition to expand capacity to multiple gigawatts, as a key pillar of HUMAIN's overall ambitions.
- This joint venture is expected to begin operations in 2026, with a phase 1 deployment of 100 MW planned, powered by HUMAIN modern data center capacity, AMD Instinct™ MI450 Series GPUs and Cisco critical infrastructure solutions.
AMD, Cisco and HUMAIN will serve as founding investors in the joint venture, which is expected to begin operations in 2026 with plans to combine HUMAIN's state-of-the-art data centers with AMD and Cisco technology, delivering modern data center capacity with efficient power and lower capital expenditures. AMD and Cisco will act as exclusive technology partners to the joint venture, contributing their portfolio of products and services to its development of up to 1 GW of AI infrastructure by 2030.
The companies also announced the first phase of the project as a buildout of 100 MW AI infrastructure, with the intent to include HUMAIN modern data center capacity, AMD Instinct™ MI450 Series GPUs and Cisco's industry-leading critical infrastructure.
Powering the
Earlier this year, Cisco and AMD announced a landmark initiative with HUMAIN to help build the world's most open, scalable, resilient and cost-efficient AI infrastructure. Today's announcement advances this partnership with plans for a joint venture to accelerate transformation and provide cost-effective infrastructure to power customers' AI use cases.
Dr. Lisa Su, Chair and CEO of AMD, said: "Delivering high-performance global AI infrastructure at scale requires strong partnerships. Together with HUMAIN and Cisco, we're combining leadership compute and networking technologies to expand the capacity and global competitiveness of the Kingdom's AI ecosystem. As part of this deepening collaboration, we're also establishing an AMD Center of Excellence in
Chuck Robbins, Chair and CEO of Cisco said: "Our expanded partnership with HUMAIN, together with AMD, will mark a pivotal moment in accelerating
Tareq Amin, CEO of HUMAIN said: "Our partnership with AMD and Cisco brings world-class technology and expertise to our mission. Together, we are pushing the frontier of AI compute, bringing up to 1 GW of high-performance, cost-efficient infrastructure online in the
The collaboration reflects the ambition to create a dynamic, AI-driven economy. Cisco's latest AI Readiness Index shows that while
These findings point to an urgent need for the scalable, high-performance AI infrastructure which AMD, Cisco and HUMAIN are building together. The collaboration is not only expected to deliver the compute capacity required for AI at scale but also strengthens the foundations of
About AMD
For more than 55 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. 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. AMD employees are focused on building leadership high-performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn, Facebook and X pages.
AMD Cautionary Statement
This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) such as, the expected timing and formation of the joint venture, AMD's and the joint venture's expected future plans, benefits, strategies, and performance; the expected benefits from the collaboration among the parties; the expected benefits from the establishment of the AMD Center of Excellence in
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry-leading AI-powered solutions and services, Cisco enables its customers, partners, and communities to unlock innovation, enhance productivity, and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all.
Discover more on The Newsroom and follow us on X at @Cisco.
Cisco Forward-Looking Statements
This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, among others, statements regarding Cisco's or the joint venture's future business performance, strategies, or expectations, including the anticipated timing, consummation and expected benefits of the joint venture. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, among other things, the ability of Cisco or the joint venture to achieve expected benefits of their investments, business and economic conditions and growth trends, increased competition, global economic conditions and uncertainties in the geopolitical environment and other risk factors set forth in Cisco's most recent reports on Form 10-K and 10-Q, respectively. Any forward-looking statements in this release are based on limited information currently available to Cisco, which is subject to change, and Cisco will not necessarily update the information.
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 LLMs built in the Arab world, 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 organizations, 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.
Forward-Looking Statement
This press release contains forward-looking statements based on current expectations and assumptions. Actual results may differ materially due to uncertainties. HUMAIN undertakes no obligation to update these statements.
Press contact
Hana Nemec, HUMAIN
pr@humain.com
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SOURCE HUMAIN