PROJECT ROUND-UP
SAUDI ARABIA
As part of the recently announced major global expansion of NVIDIA’ s DRIVE Hyperion robotaxi-ready platform ecosystem, HUMAIN, Saudi Arabia’ s Public Investment Fund( PIF) company delivering full-stack artificial intelligence capabilities, will be leading the platform’ s entry into the Middle East.
The global expansion, which brings together leading automakers, manufacturing and autonomous vehicle( AV) software ecosystem partners, and ride-hailing mobility providers to build and expand Level 4-ready robotaxi fleets across Asia, Europe, and the Middle East, will see HUMAIN leverage its AI and mobility ecosystem alongside NVIDIA’ s DRIVE Hyperion to support the development and deployment of Level 4-ready autonomous transportation solutions in Saudi Arabia and across the region.
The partnership is underpinned by significant infrastructure investment, with HUMAIN planning to build AI factories with a projected capacity of up to 500 megawatts and deploy several hundred thousand NVIDIA GPUs over the next five years. An initial phase featuring an 18,000-GPU NVIDIA GB300 Grace Blackwell supercomputer and InfiniBand networking is already underway, establishing the sovereign compute foundation needed to support autonomous vehicle training, simulation, and fleet validation at scale.
UAE
Robo. ai, a Nasdaq-listed UAE-based company, has entered into an agreement to acquire 100 % of the equity interests of QC Capital Limited. Under the agreement, the total consideration for the proposed transaction is US $ 60 million, payable in newly issued Class B ordinary shares of Robo. ai. The consideration shares will be subject to a vesting and release schedule of up to eight years. The transaction is expected to close within 30 business days following, subject to customary closing conditions and other applicable requirements.
The proposed acquisition represents a strategic step in Robo. ai’ s development of a global artificial intelligence robotics network platform. QC Capital is positioned as an AIdriven technology holding and venture-building platform with capabilities across technology development, venture building and industrial investment. Through the proposed integration of QC Capital, and drawing upon Robo. ai’ s successful experience in acquiring AI visual data processing and compression technology company Neurovia, Robo. ai expects to strengthen its capabilities in technology company sourcing, capital allocation, venture incubation, cross-border mergers and acquisitions, post-investment operations and global commercialisation.
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