|
Saudi Arabia Announces $1.5 Billion Expansion to Fuel AI-powered Economy with AI Tech Leader Groq
Tuesday, February 18, 2025
MOUNTAIN VIEW, Calif. and RIYADH, Saudi Arabia, Feb. 10, 2025 /PRNewswire/ -- Silicon Valley AI pioneer Groq has secured a $1.5 billion commitment from the Kingdom of Saudi Arabia (KSA) for expanded delivery of its advanced LPU-based AI inference infrastructure. Announced at LEAP 2025, this major agreement advances the Kingdom's position as a global leader in AI computing infrastructure while meeting rapidly growing regional demand.
Groq secures $1.5B commitment from the Kingdom of Saudi Arabia for expanded LPU(TM) AI inference infrastructure delivery.This agreement follows the operational excellence Groq demonstrated in building the region's largest inference cluster in December 2024. Brought online in just eight days, the rapid installation established a critical AI hub to serve surging compute demand globally.
From its state-of-the-art data center in Dammam, Saudi Arabia, Groq is now delivering market-leading AI inference capabilities to customers worldwide through GroqCloud(TM). At LEAP 2025, Jonathan Ross, CEO and Founder of Groq, alongside Tareq Almin and Ahmad O. Al-Khowaiter, Chief Technology Officer of Saudi Aramco, demonstrated reasoning LLMs, a KSA-created model Allam, and text to speech models in English and Arabic running live.
The $1.5 billion commitment towards Groq AI infrastructure represents a defining moment for both Groq and the Kingdom to deliver on the Vision 2030 goal of an AI-powered economy in Saudi Arabia.
"It's an honor for Groq to be supporting the Kingdom's 2030 vision," said Jonathan Ross, CEO and Founder of Groq. "We are excited to work alongside Saudi innovators to shape the next chapter of AI."
Learn more about how Groq is changing the AI industry at groq.com and if you're interested in access to GroqCloud, learn more here.
About Groq
Groq builds fast AI inference technology. GroqCloud(TM) delivers exceptional AI compute speed, quality, and energy efficiency for enterprises and developers with its LPU(TM) AI inference technology. Groq, headquartered in Silicon Valley, provides cloud and on-prem solutions at scale for AI applications. The LPU and related systems are designed, fabricated, and assembled in North America. Build fast with Groq at groq.com.
Media Contact
pr-media@groq.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/saudi-arabia-announces-1-5-billion-expansion-to-fuel-ai-powered-economy-with-ai-tech-leader-groq-302372643.html
SOURCE Groq
|
|
|
|
|
|
 |
VIAVI Highlights Test Solutions for AI Infrastructure Development, Manufacturing and Deployment at OFC 2025 | Mar 28, 2025
|
|
Oracle Helps Customers Boost Employee Engagement with Strategic Communications and Internal Events | Mar 28, 2025
|
|
ThreatQuotient positioned as a Leader in the SPARK Matrix(TM): Digital Threat Intelligence Management, 2025 by QKS Group | Mar 28, 2025
|
|
Orium Launches Composable Accelerator for Shopify | Mar 28, 2025
|
|
Madame Rachida Dati, French Minister of Culture, has granted official recognition to thierry Ehrmann's Abode of Chaos as a 'total work of art', the global headquarters of Artprice by Artmarket. | Mar 28, 2025
|
|
Datacenter Dynamics Makes History with LoneStar - Becoming the World's First Magazine to Reach the Moon | Mar 28, 2025
|
|
Nosto reports 323% growth of Personalized Search after 2024 Gartner MQ inclusion | Mar 28, 2025
|
|
Western Union forms strategic partnership with HCLTech to transition to an AI led platform operating model | Mar 28, 2025
|
|
Wealthbox Expands to Canada with In-Country Data Hosting | Mar 28, 2025
|
|
Oracle Named a Leader in Configure, Price, Quote by Independent Research Firm | Mar 28, 2025
|
|
|
|
