24 Hrs
Source:
الاقتصادية
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Rebiolions Considers Saudi AI Center
Rebillionz, a South Korean company, has focused on developing and maintaining AI chips designed solely for inference, thereby reducing energy consumption and operational costs for Saudi Aramco. Two years ago, Waded Ventures invested $20 million in the company. Currently, the company is exploring with Homaine, owned by the Public Investment Fund, and STC the possibility of establishing a sovereign AI data center in Saudi Arabia, aimed at enhancing control over AI technologies within the national borders. This initiative comes in response to the rising demand for sovereign AI technologies, particularly in the Kingdom's telecommunications sector. The company is collaborating with the largest Korean telecom companies to develop AI technology, expecting these investments to strengthen its position in the Saudi market and offer more efficient and secure solutions.
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