Inside Saudi Arabia's AI Ambition: Tareq Amin on Building a New Tech Superpower

Bullish:

• $GROK - Saudi Arabia deployed 19,000 Grok chips for AI inferencing to democratize costs, with the startup's valuation increasing after the partnership announcement

  • “We picked, at that time, for inferencing Grok because I thought it was really an interesting startup that could help us democratize the cost of inferencing. Out of the data center that we have deployed this in, we have about 19,000 of their chips deployed.”

    Tareq·27:36
• $DATACENTERS - Saudi Arabia aims to become the third largest country in data center infrastructure, actively securing power and building capacity

  • “I really think Saudi Arabia has a good shot to be the third largest country in infrastructure. So we have to go through processes to secure power from the Ministry of Energy through the local electric company.”

    Tareq·14:50
• $QCOM - Exciting edge computing projects planned with Qualcomm

  • “something really, really exciting that we're gonna do with Qualcomm on the edge as well.”

    Tareq·29:02

Bearish:

• $HUAWEI - Countries face a binary choice between American and Chinese technology for data centers, with US partnerships likely to prevent adoption of Chinese alternatives

  • “Saudi Arabia is gonna have data centers, of course. Every sovereign country that can afford them is gonna have data centers. Is that gonna be American technology or Chinese technology?”

    David Sachs·25:32