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Nvidia set to expand into Middle East as AI exports from U.S. face restrictions, states Ooredoo CEO

Nvidia set to expand into Middle East as AI exports from U.S. face restrictions, states Ooredoo CEO



Nvidia has signed a significant deal with Qatari telecoms group Ooredoo to deploy its artificial intelligence technology in data centers in six Middle Eastern countries. This move comes as a response to Washington’s restrictions on the export of American chips to the region. Ooredoo will be the first company in the region to offer direct access to Nvidia’s graphics processing and AI technology, giving them a competitive edge in the market.

The agreement will enable Ooredoo to assist its customers in deploying generative AI applications, providing them with services ahead of their competitors. While the specific details of the technology to be installed were not disclosed, it will depend on availability and customer demand. Despite Washington’s limitations on exporting sophisticated chips to the Middle East, Nvidia is permitted to export some of its technology to the region.

Ooredoo is investing $1 billion to expand its regional data center capacity by an additional 20 to 25 megawatts, with plans to nearly triple it by the end of the decade. The company has established a separate entity for its data centers, following a similar move made last year with its tower company in partnership with Kuwait’s Zain and Dubai’s TASC Towers Holding. Additionally, Ooredoo intends to segregate its undersea cables and fiber network into a separate entity to streamline operations.

Overall, this collaboration between Nvidia and Ooredoo signifies a major advancement in the deployment of AI technology in the Middle East, offering customers cutting-edge solutions and positioning Ooredoo as a leader in the region’s data center market.

Article Source
https://finance.yahoo.com/news/nvidia-launch-middle-east-amid-115237966.html

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