AMD, in collaboration with Cisco and Saudi Arabian AI firm HUMAIN, announced the formation of a joint venture to develop and operate AI data center infrastructure. The partnership aims to establish Saudi Arabia as a key provider of AI solutions for regional and global customers, with plans to deploy up to 1 gigawatt of AI infrastructure by 2030. The initial phase will involve building a 100-megawatt data center in the Kingdom, expected to begin operations in 2026. This facility will be powered by AMD's Instinctâ„¢ MI450 Series GPUs and Cisco's networking technology. According to a Reuters report, the venture has already secured its first customer, generative video startup Luma AI. This move deepens AMD's push into the booming AI infrastructure market, creating a significant new sales channel for its data center products. By partnering with Cisco and a PIF-backed company, AMD is positioning itself to capture growing demand for AI compute capacity in the Middle East, Asia, and Africa. No specific market reaction to this announcement was available in the provided information.