XAI in talks to lease data center capacity in Saudi Arabia: Report

XAI in talks to lease data center capacity in Saudi Arabia: Report

Elon Musk’s xAI is in discussions to lease data center capacity in Saudi Arabia, Bloomberg News reported on Wednesday, citing people familiar with the matter. The startup is in discussion with two potential partners: Humain, a Saudi-backed AI company offering xAI several gigawatts of capacity, and another company building a smaller but more immediately available […]

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Huawei seeks AI chip deals in Middle East and Southeast Asia

Huawei seeks AI chip deals in Middle East and Southeast Asia

Huawei Technologies is attempting to export small amounts of AI chips to the Middle East and Southeast Asia, as it looks to establish itself in markets dominated by U.S. chip designer Nvidia, Bloomberg News reported on Thursday. The Chinese telecom giant has reached out to potential customers in the United Arab Emirates, Saudi Arabia and […]

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How Saudi Arabia is reopening the Incense Road

How Saudi Arabia is reopening the Incense Road

They had called it a ‘vast open-air library’ before we got there. But that hadn’t quite prepared me for the sight of thousands of inscriptions carved into the sandstone surfaces of mountainsides in Jabal Ikmah, in Saudi Arabia’s AlUla region. Names of kings and traders, their official proclamations and records of transactions, notes on rituals […]

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OPEC+ producers announce voluntary oil output cuts from May to end of 2023

OPEC+ producers announce voluntary oil output cuts from May to end of 2023

Representational image of the OPEC+ logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria | Photo Credit: Reuters Saudi Arabia and other OPEC+ oil producers on Sunday announced further cuts in their production amounting to around 1.16 million barrels per day in a […]

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Saudi Arabia launches EV brand in collaboration with Foxconn

Saudi Arabia launches EV brand in collaboration with Foxconn

Saudi Arabian crown prince Mohammed bin Salman announced the launch of Ceer, the country’s first electric vehicle brand on Thursday. Ceer will be a joint venture between Saudi Arabia’s Public Investment Fund (PIF) and Taiwanese electronics company Foxconn. The joint venture company will license vehicle component technology from BMW for developing vehicles. These vehicles will […]

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First auction of pesticide-free cardamom to be held today

First auction of pesticide-free cardamom to be held today

Move follows stricter norms put in place by importers such as Saudi Arabia on quality and food safety. Recently Qatar rejected 1,500 kg of cardamom from Kerala citing pesticide presence. Move follows stricter norms put in place by importers such as Saudi Arabia on quality and food safety. Recently Qatar rejected 1,500 kg of cardamom […]

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Explained | Why has OPEC+ cut oil production? How will it affect India and the world?

Explained | Why has OPEC+ cut oil production? How will it affect India and the world?

What is OPEC+? Why have they slashed oil output? What is its effect on India and global relations? What is OPEC+? Why have they slashed oil output? What is its effect on India and global relations? The story so far: On October 4, the Organization of Petroleum Exporting Countries (OPEC) and its allies, known as […]

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Saudi Arabia overtakes Russia to be India’s No. 2 oil supplier in August

Saudi Arabia overtakes Russia to be India’s No. 2 oil supplier in August

Saudi Arabia emerged as the second-biggest oil supplier to India after a three-month gap, overtaking Russia by a thin margin, while Iraq retained the top spot in August, data from industry and trade sources showed. India, the world’s third biggest oil importer and consumer, shipped in 8,63,950 barrels per day (bpd) of crude from Saudi […]

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PM Modi renews invitation to Saudi Crown Prince Mohammed to visit India

PM Modi renews invitation to Saudi Crown Prince Mohammed to visit India

External Affairs Minister S. Jaishankar met the Saudi Crown Prince in Jeddah on Sunday and handed over a written message from Prime Minister Modi External Affairs Minister S. Jaishankar met the Saudi Crown Prince in Jeddah on Sunday and handed over a written message from Prime Minister Modi Ahead of the National Day of Saudi […]

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India’s future crude oil supplies will mostly come from Gulf: Oil Minister

India’s future crude oil supplies will mostly come from Gulf: Oil Minister

Saudi Arabia stayed at the No. 3 spot among India’s suppliers Saudi Arabia stayed at the No. 3 spot among India’s suppliers India’s Minister of Petroleum and Natural Gas Hardeep Singh Puri said most of his country’s crude oil supplies in the near future will come from the Gulf countries, including Saudi Arabia and Iraq, […]

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