Amazon says it'll work with Humain, the AI company recently launched by Saudi Arabia’s ruler, to invest '$5 billion-plus' in a strategic partnership.

U.S. chip company Nvidia and Saudi Arabia's sovereign wealth fund-owned AI startup Humain announced a partnership on Tuesday as part of the kingdom's plans to develop artificial intelligence and strengthen cloud computing infrastructure with the help of foreign investment.

AMD remains in a distant second place to Nvidia in terms of AI accelerator sales, but it seems to have found a big customer in Humain. In a separate announcement, it said the two parties will invest up to $10 billion to build 500 megawatts of AI compute capacity in Saudi Arabia, as part of an “AI superstructure.”