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.

Amazon Web Services (AWS) and Saudi Arabia's Humain are partnering up for a multi-billion dollar new investment

Amazon's AWS and HUMAIN partner to invest $5 billion for AI Zone in Saudi Arabia, aiming to advance AI leadership goals and expand global demand.

As the Trump administration prioritizes partnerships with the Mideast, China emerges as the ‘big loser,’ the Wedbush analyst told Fortune.

Scale AI, a startup backed by Amazon.com Inc. that helps companies develop artificial intelligence products, plans to open an office in Saudi Arabia by the end of the year in a broader regional expansion.

Humain, the newly announced AI venture from Saudi Arabia's sovereign wealth fund, is partnering with Amazon Web Services. The two companies will invest some $5 billion to build an 'AI Zone' in the Kingdom, which is separate to the cloud provider's existing $5.3bn region set to come online next year.

Wedbush analyst Daniel Ives praised the upcoming ‘AI Revolution’ in Saudi Arabia and the Middle East after the U.S.-Saudi Investment Forum on Tuesday, which saw a slew of announcements on the artificial intelligence front.

The US president is joined by his adviser Elon Musk and US business figures as they look to secure investment deals in the Middle East.