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RIYADH – Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), and HUMAIN, Saudi Arabia’s company focused on AI innovation, have announced a strategic partnership involving an investment exceeding $5 billion. Amazon, currently trading at $213.77, demonstrates strong financial capability for such investments, with InvestingPro data showing robust revenue of $650.31 billion in the last twelve months and healthy cash flows to support strategic initiatives. This collaboration aims to establish an advanced AI Zone in Saudi Arabia, enhancing the Kingdom’s position as a global AI leader.
The AI Zone will feature AWS AI infrastructure, including servers with cutting-edge semiconductors and UltraCluster networks, designed to expedite AI training and inference. It will also offer AWS services like SageMaker and Bedrock, as well as Amazon Q, which are intended to support the development of AI applications.
This initiative aligns with Saudi Arabia’s Vision 2030 and its commitment to fostering an AI-powered economy. AWS will contribute its server and network infrastructure capabilities, along with artificial intelligence and machine learning services to the region. The collaboration is set to bolster the Kingdom’s ambition to become a global AI hub. Amazon’s market strength is evident in its recent performance, with InvestingPro reporting a significant 12.77% return over the last week and maintaining its position as a prominent player in the Broadline Retail industry. InvestingPro subscribers have access to 13 additional key insights about Amazon’s market position and growth potential.
HUMAIN plans to utilize AWS technologies to create AI solutions for its customers and develop a unified AI agent marketplace to streamline AI software management for the Saudi government. The partnership also aims to promote the growth of Large Language Models (LLMs), including Arabic Large Language Models (ALLaM), and facilitate the widespread adoption of AI across the Gulf Region.
Sectors such as government, energy, healthcare, and education are expected to benefit from AI-powered tools, with the AWS Generative AI Innovation Center, in partnership with HUMAIN, poised to enhance generative AI applications and services.
His Excellency Eng. Abdullah Alswaha, Minister of Communications and Information Technology, expressed gratitude to AWS for reinforcing their partnership with the Kingdom and for contributing to the nation’s innovation and talent growth.
The collaboration also focuses on nurturing an AI-powered startup sector in Saudi Arabia, granting access to AWS’s cloud technology tools and programs. AWS has historically supported startups, and this initiative aims to boost Saudi Arabia’s startup ecosystem, which garnered significant venture capital funding in 2024.
AWS is also committed to training 100,000 Saudis in cloud computing and genAI, in line with Vision 2030’s digital transformation goals. The Amazon Academy, launched in 2023, will deliver this training. Additionally, AWS launched the AWS Saudi Arabia Women’s Skills Initiative in 2024, aiming to train 10,000 women in AWS Cloud Practitioner Essentials.
PwC forecasts that AI will contribute $130 billion to Saudi Arabia’s economy by 2030, with the Kingdom expected to capture a substantial portion of AI’s economic impact in the Middle East. This partnership between AWS and HUMAIN is seen as a critical step in driving Saudi Arabia’s digital transformation agenda forward.
This report is based on a press release statement.
In other recent news, Amazon has announced a significant investment of $4 billion to establish its first data centers and cloud infrastructure in Chile, expected to be operational by the second half of 2026. This initiative by Amazon Web Services (AWS) marks the company’s third cloud region in Latin America, following Brazil and Mexico, and aims to meet the rising demand for cloud services in the region. In addition to this expansion, Amazon has partnered with Vetsource to offer prescription pet medications, enhancing its pet care offerings in the U.S. This collaboration allows pet owners to purchase medications through Amazon’s platform, providing a more convenient shopping experience.
Furthermore, Amazon’s autonomous vehicle division, Zoox, has recalled 270 driverless cars following a collision in Las Vegas, although no injuries were reported. The recall is to implement a software update to prevent future incidents. In terms of analyst activity, Amazon’s cloud revenue and income projections have fallen below estimates, but expectations for growth in Chile remain optimistic, as noted by AWS’s local head, Juan Pablo Estevez. Meanwhile, the broader market saw a positive start to the week as the U.S. and China agreed to temporarily reduce tariffs on each other’s goods, benefiting major companies like Amazon.
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