Saudi Arabia and UAE invest in thousands of Nvidia chips, aiming to become global AI powerhouses

The Financial Times reports that Saudi Arabia has bought at least 3,000 Nvidia H100 GPUs, which Nvidia CEO Jensen Huang calls the first chip designed for generative AI. With its 14,592 CUDA cores, 80GB of HBM3 capacity, and 5,120-bit memory bus, it's priced at a massive $40,000.

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