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Channel Post MEA
15-05-2025
- Business
- Channel Post MEA
AMD And HUMAIN Sign $10B Deal To Advance Global AI
AMD and HUMAIN have 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.) 0 0
Yahoo
19-04-2025
- Business
- Yahoo
2 No-Brainer AI Stocks to Buy Right Now
Stocks across industries have suffered in recent times, amid concerns that President Trump's tariffs on imports would crush earnings and economic growth. But investors have been particularly worried about technology companies as many rely on producing their goods abroad. That means as they import these products into the U.S., they'll have to pay import duties, cutting into their profits. In recent days, Trump put an exemption on electronics products, but this exemption may not be permanent. All of this means uncertainty remains. At the same time, though, it's important to keep in mind that tech players have successfully faced other headwinds in the past, and established players have what it takes to manage difficult times and win over the long term. On top of this, certain tech companies operate in the area of artificial intelligence (AI), which could offer significant growth in the years to come. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » With this in mind, and considering that valuations of many top players have declined, here are two no-brainer AI stocks to buy right now. You may immediately think of Nvidia when you think of AI chips, but rival Advanced Micro Devices (NASDAQ: AMD) is proving it can excel in this market too. AMD has been a leading player for years in the market for central processing units (CPU), the main processors in computers. And in recent times, it's put a focus on developing data center business, serving the AI market with both CPUs and graphics processing units. Last year, its EPYC processor and AMD Instinct accelerator drove data center gains, helping the unit's annual revenue almost double. Data center revenue for the 12 months reached a record of more than $12 billion, and chief executive officer Lisa Su sees "clear opportunities for continued growth" thanks to the company's product lineup and overall AI market demand. It's important to remember that, though Nvidia is the leader in the AI chip market, there's still plenty of room for a rival like AMD to be successful too. Customers aiming to apply AI to real world problems need an extraordinary amount of computing power for tasks like training and inferencing -- and they probably won't rely on just one provider to do the job. Today, AMD shares are trading for 20 times forward earnings estimates, down from about 28 back in January. This represents a great entry point to a stock well-positioned to benefit from the ongoing AI boom. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), like AMD, isn't the leader in a key AI market -- in this case, cloud computing. Its Google Cloud is in the third spot after Amazon's Amazon Web Services and Microsoft's Azure. But Google Cloud still is an enormous player delivering double-digit quarterly growth, and it's benefiting greatly from demand in the AI market. As in the AI hardware market, the cloud market also offers opportunities for more than one company to win. In the recent quarter, Google Cloud revenue jumped 30% to $12 billion thanks to strong demand from AI customers. Growth is likely to continue as Alphabet expands Google Cloud's reach. For example, last year the company started work on 11 new cloud regions and data centers across the U.S. and internationally. On top of this, Alphabet also generates billions of dollars in earnings from its Google Search platform -- and here it's steadily held onto the world's top position over time. Alphabet generates most of its revenue through Google as companies advertise there to reach us, their target audience. So this represents a steady source of growth for the company. Alphabet hasn't been expensive over the past year, trading at about 24 times forward earnings estimates at its peak -- but today it looks exceptionally cheap at 17 times forward earnings. At this level, and considering Alphabet's prospects as AI growth continues, the company is a no-brainer buy right now. Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Advanced Micro Devices wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $518,599!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $640,429!* Now, it's worth noting Stock Advisor's total average return is 791% — a market-crushing outperformance compared to 152% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 14, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Adria Cimino has positions in Amazon. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 2 No-Brainer AI Stocks to Buy Right Now was originally published by The Motley Fool Sign in to access your portfolio
Globe and Mail
18-04-2025
- Business
- Globe and Mail
2 No-Brainer AI Stocks to Buy Right Now
Stocks across industries have suffered in recent times, amid concerns that President Trump's tariffs on imports would crush earnings and economic growth. But investors have been particularly worried about technology companies as many rely on producing their goods abroad. That means as they import these products into the U.S., they'll have to pay import duties, cutting into their profits. In recent days, Trump put an exemption on electronics products, but this exemption may not be permanent. All of this means uncertainty remains. At the same time, though, it's important to keep in mind that tech players have successfully faced other headwinds in the past, and established players have what it takes to manage difficult times and win over the long term. On top of this, certain tech companies operate in the area of artificial intelligence (AI), which could offer significant growth in the years to come. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » With this in mind, and considering that valuations of many top players have declined, here are two no-brainer AI stocks to buy right now. 1. Advanced Micro Devices You may immediately think of Nvidia when you think of AI chips, but rival Advanced Micro Devices (NASDAQ: AMD) is proving it can excel in this market too. AMD has been a leading player for years in the market for central processing units (CPU), the main processors in computers. And in recent times, it's put a focus on developing data center business, serving the AI market with both CPUs and graphics processing units. Last year, its EPYC processor and AMD Instinct accelerator drove data center gains, helping the unit's annual revenue almost double. Data center revenue for the 12 months reached a record of more than $12 billion, and chief executive officer Lisa Su sees "clear opportunities for continued growth" thanks to the company's product lineup and overall AI market demand. It's important to remember that, though Nvidia is the leader in the AI chip market, there's still plenty of room for a rival like AMD to be successful too. Customers aiming to apply AI to real world problems need an extraordinary amount of computing power for tasks like training and inferencing -- and they probably won't rely on just one provider to do the job. Today, AMD shares are trading for 20 times forward earnings estimates, down from about 28 back in January. This represents a great entry point to a stock well-positioned to benefit from the ongoing AI boom. 2. Alphabet Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), like AMD, isn't the leader in a key AI market -- in this case, cloud computing. Its Google Cloud is in the third spot after Amazon 's Amazon Web Services and Microsoft 's Azure. But Google Cloud still is an enormous player delivering double-digit quarterly growth, and it's benefiting greatly from demand in the AI market. As in the AI hardware market, the cloud market also offers opportunities for more than one company to win. In the recent quarter, Google Cloud revenue jumped 30% to $12 billion thanks to strong demand from AI customers. Growth is likely to continue as Alphabet expands Google Cloud's reach. For example, last year the company started work on 11 new cloud regions and data centers across the U.S. and internationally. On top of this, Alphabet also generates billions of dollars in earnings from its Google Search platform -- and here it's steadily held onto the world's top position over time. Alphabet generates most of its revenue through Google as companies advertise there to reach us, their target audience. So this represents a steady source of growth for the company. Alphabet hasn't been expensive over the past year, trading at about 24 times forward earnings estimates at its peak -- but today it looks exceptionally cheap at 17 times forward earnings. At this level, and considering Alphabet's prospects as AI growth continues, the company is a no-brainer buy right now. Should you invest $1,000 in Advanced Micro Devices right now? Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Advanced Micro Devices wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $518,599!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $640,429!* Now, it's worth noting Stock Advisor 's total average return is791% — a market-crushing outperformance compared to152%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of April 14, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Adria Cimino has positions in Amazon. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
Yahoo
18-03-2025
- Business
- Yahoo
Flexential to Support DigitalOcean's GPU Infrastructure Expansion with High-Density Deployment
Atlanta-area facility to host phased deployment to accommodate growing AI/ML workloads CHARLOTTE, N.C., March 18, 2025 /PRNewswire/ -- Flexential, a leading provider of secure and flexible data center solutions, has reached an agreement with DigitalOcean, the simplest scalable cloud for growing tech companies, for a high-density deployment at Flexential's Atlanta-Douglasville data center. The agreement includes a phased deployment approach at Flexential's Atlanta-Douglasville 1 data center, which will enable additional DigitalOcean GPU Droplets, including GPU Droplets across two connected data halls powered by NVIDIA's H200 GPUs and AMD Instinct GPU accelerators. This deployment will significantly increase DigitalOcean's capacity to provide customers scalable computing power on demand, ideal for AI/ML training and inference, deep learning, high-performance computing (HPC), data analytics, and graphics/video rendering tasks. "Flexential's Douglasville facility addresses our need to bolster GPU infrastructure quickly as our AI/ML business continues to grow," said Adam Knapp, Vice President, Engineering at DigitalOcean. "This expansion extends our footprint to support the specific power and cooling requirements of high-density GPU environments and positions us to meet our customers' expanding AI computing needs." The location meets DigitalOcean's specifications for power density, service-level agreements (SLAs), and commissioning timelines, and the deployment will strengthen DigitalOcean's Eastern U.S. presence. It includes round-the-clock security, dual-factor authentication access, biometric scanners, and monitored security cameras. "Through this partnership with DigitalOcean, Flexential's Atlanta-Douglasville data center plays a pivotal role in delivering high-density computing environments that meet the precise requirements of AI-focused cloud providers," said Patrick Doherty, Chief Revenue Officer at Flexential. "Through our FlexAnywhere® platform that enables seamless connectivity and scalability across our national network, this deployment provides the infrastructure foundation for DigitalOcean to scale its GPU Droplets offering, and continue to support developers and businesses building next-generation AI applications." Visit the Flexential website for more information on Flexential's high-performance compute capabilities and our comprehensive suite of tailored infrastructure and customized IT solutions. About Flexential Flexential empowers the IT journey of the most complex businesses by offering customizable IT solutions designed for today's demanding high-density computing requirements. With colocation, cloud, connectivity, data protection, and professional services, the FlexAnywhere® platform anchors our services in 42 data centers across 19 highly connected markets on a scalable 100Gbps+ private network backbone. Flexential solutions are strategically engineered to meet the most stringent challenges in security, compliance, and resiliency. Experience the power of IT flexibility and how we enable digital transformation at About DigitalOcean DigitalOcean is the simplest scalable cloud platform that democratizes cloud and AI for growing tech companies around the world. Our mission is to simplify cloud computing and AI to allow builders to spend more time creating software that changes the world. More than 600,000 customers trust DigitalOcean to deliver the cloud, AI, and ML infrastructure they need to build and scale their organizations. To learn more about DigitalOcean, visit Media Contact Alison Brooker Corporate Marketing Christian RizzoGregory FCA for Flexentialchristian@ View original content to download multimedia: SOURCE Flexential Sign in to access your portfolio
Tahawul Tech
10-02-2025
- Business
- Tahawul Tech
G42 and AMD to enable AI innovation in France through strategic investments
Abu Dhabi — G42, the leading AI technology group from Abu Dhabi, United Arab Emirates (UAE), announced today a strategic investment in France in partnership with DataOne, Europe's first gigascale AI hosting infrastructure data center. Spearheaded by Core42, a G42 company specializing in sovereign cloud and AI infrastructure, the initiative will establish a state-of-the-art AI data center in Grenoble. Equipped with AMD GPUs, this advanced facility will empower enterprises, researchers, and innovators with cutting-edge AI infrastructure. Unveiled at the AI Action Summit in Paris, this milestone reinforces G42's commitment to advancing AI innovation globally while delivering innovative AI capabilities from the UAE to the world. By integrating the latest AMD Instinct accelerator technologies, Core42 will equip French enterprises, researchers, and innovators with the computational capabilities needed to develop and scale sophisticated AI models, agents, applications and research. The facility is expected to be fully operational by mid 2025. The investment represents a commitment by G42 to foster strategic partnerships within the European AI ecosystem to accelerate digital transformation across industries. These strategic arrangements guarantee that France's AI-driven enterprises have direct access to industry-leading AI infrastructure, further positioning the country as a center for AI excellence. Kiril Evtimov, Group CTO of G42 and CEO of Core42, said, 'France is taking bold strides in AI innovation, and G42 is proud to contribute to this effort. By deploying AMD GPUs, we are not only strengthening Europe's AI infrastructure but also enabling enterprises and researchers to accelerate innovation at scale. Our collaboration with local providers ensures seamless access to the computational power needed to drive the next wave of AI advancement in France and beyond.' The strategic partnership with DataOne enables immediate market access and infrastructure optimization. The investment reinforces G42's commitment to expanding global AI capabilities while strengthening European technological sovereignty. 'Our strategic collaboration with G42 will help energize the French AI ecosystem, providing the compute capacity needed to enable the local AI start-ups and AI pioneers who are driving state-of-the-art innovation and strengthening the French economy,' said Lisa Su, AMD Chair and CEO. 'Our work with G42 is the latest example of our commitment to combine open ecosystems with industry-leading AMD AI technologies to empower public institutions and private enterprises to harness the full potential of AI.' G42's investment in France is a testament to its mission of shaping the future of AI through strategic global partnerships and advanced infrastructure. As the demand for AI computing continues to surge, Core42 remains at the forefront of this transformation, providing optionality with a heterogeneous AI cloud offering that includes multiple AI accelerator options, expanding their global footprint, strengthening AI accessibility, and driving AI-powered advancements across Europe and beyond. In addition, AMD brings extensive experience in engaging with the French AI startup ecosystem. It looks to continue supporting innovative startups in the region through its venture program, AMD Ventures. 'We are extremely proud to count Core42 among our esteemed clientele and thrilled to take on the challenge of deploying their largest AI supercomputer in Europe within just 20 weeks,' said Charles-Antoine Beyney, CEO of DataOne.
