Humain, a subsidiary of the Public Investment Fund, and the American company Nvidia announced the expansion of their strategic cooperation to develop an artificial intelligence infrastructure with a total planned capacity of 84 megawatts, which includes about 27,000 new-generation graphics processing units. The program combines the deployment of Blackwell systems during the last quarter of 2026, and the expansion of the Vera Robin architecture starting in 2027, in a step aimed at providing advanced computing capabilities to companies, institutions and government agencies, and strengthening the Kingdom’s position in the global artificial intelligence market.
This came during the GTC Berlin conference in Germany. The first phase is scheduled to begin with the deployment of NVIDIA Blackwell Ultra systems connected to NVIDIA Quantum
The cooperation includes the deployment of NVIDIA Blackwell HG
The cooperation also includes plans to deploy an Nvidia Vera Robin infrastructure with a capacity of 50 megawatts, connected to Nvidia networks, and is targeted to begin deployment as of June 2027, to provide dedicated capacity for advanced artificial intelligence workloads on a large scale for the benefit of an American client.
The plans also include the deployment of an additional infrastructure from “NVIDIA Vera Robin” with a capacity of 20 megawatts, connected to “NVIDIA Quantum
The planned Nvidia Vera Rubin infrastructure, with a total capacity of 70 megawatts, will represent about 21,000 graphics processing units, subject to final agreements and deployment plans. Thus, the total planned capacity within the expanded cooperation reaches 84 megawatts, with about 27 thousand graphics processing units across its various stages.
The expansion of cooperation comes as an extension of the strategic partnership between “Human” and “NVIDIA” to develop large-scale artificial intelligence factories in Saudi Arabia, combining advanced computing enhanced with acceleration technologies, energy infrastructure, data centers, and cloud services necessary to support the next generation of artificial intelligence technologies. Planned deployments of the NVIDIA Vera Robin architecture will be built using the NVIDIA DSX AI Factory platform.
Humane is developing one of the most ambitious AI infrastructure programs in the world, with plans to build data center capacity of about 3 gigawatts by 2030, and more than 6 gigawatts by 2034.
The company is building an integrated artificial intelligence system that links infrastructure and computing capabilities to models, platforms and applications, with the aim of accelerating the widespread deployment of artificial intelligence technologies.
Humain CEO Tariq Amin said: “We are working quickly to introduce the next generations of enhanced computing from NVIDIA to Saudi Arabia on a tangible scale. This deployment gives our customers a clear path to move from Blackwell P300 capabilities beginning in 2026 to Vera Robin in 2027, ensuring they can access the compute they need as their AI workloads grow in size and complexity. For our customers, this means faster access to advanced infrastructure, a greater ability to train and deploy cutting-edge AI models, and a platform that can scale as their needs grow, without having to build that infrastructure themselves.”
Through Human Cloud, customers will be able to access NVIDIA's next-generation enhanced computing infrastructure, deployed in Saudi Arabia, allowing organizations to train, fine-tune, improve, and deploy increasingly sophisticated AI models using an architecture specifically designed for AI workloads.
For his part, Raj Mirpuri, Vice President of Global AI Clouds and Infrastructure at NVIDIA, said: “Intelligence is the next big industry in the world. Humane combines energy, infrastructure and ambition to build a new intelligence engine that serves the world. Through Vera Rubin and Blackwell Ultra, we are expanding the computing base that allows developers and companies to build the next generation of smart systems.”
The potential merger between Tesla and SpaceX, owned by billionaire Elon Musk, may face regulatory obstacles related to China, in light of concerns among regulators on both sides of the Pacific about national security and the exchange of data and technology.
On Tuesday, Musk said that the two companies had formed special committees to discuss the merger, describing the step as a “good idea.” However, turning this proposal into reality will require addressing the challenge represented by Tesla’s high dependence on China in manufacturing, compared to SpaceX’s involvement in the defense sector, according to Reuters.
The missile company is increasingly taking on sensitive US government and military contracts. This could expose any merger involving Tesla's operations in China to intense scrutiny from a national security perspective.
In contrast, Chinese regulators require Tesla to keep user data collected by automated driving systems within the country. This means that any arrangements for separating operations should prevent the transfer of information or technology between the two sides.
Below are the most prominent options that the two companies and Musk may resort to to overcome potential obstacles in Washington and Beijing.
Can Tesla keep its business in China?
One potential option is to create regulatory and technical barriers within the combined entity, ensuring that Tesla's operations in China are isolated and that SpaceX and the rest of the group's units are denied access to sensitive data.
Daniel Kollar, head of the automotive and mobility sector at the Intralink Group, said that this arrangement is not an unusual precedent, noting that companies such as “Airbus” and “Hanwell” were able to manage major defense activities outside China, while maintaining operations inside it.
SpaceX's defense activities include Starshield, which develops satellite systems for military and intelligence uses for the Pentagon.
Analysts believe that separation in both directions is also a prerequisite to ensuring that Chinese drivers’ data remains with Tesla within the country. Since 2021, the company has adhered to Beijing's requirements that require all driver data to be kept within China.
Michael Dunn, CEO of Dunn Insights, a consulting firm specializing in the automotive sector, said that Tesla may be able to continue operating in China for years as an independent unit, with its own research and development activities and strict agreements that ensure that data remains within the country.
But reconciling the demands of Beijing and Washington may be difficult, according to Christopher Tang, a professor at the Anderson School of Management at the University of California, Los Angeles, who specializes in global supply chains.
Tang believed that the Chinese government might exploit the proposed merger to negotiate a set of demands in exchange for approval, adding: “China will use this as a pressure card.” “It now has the power to bargain.”
For his part, Ioannis Kokouris, professor of competition law and economics at Queen Mary University of London, identified two possible concessions that China might ask for: providing Chinese companies with access to technologies of strategic importance, and a pledge to maintain production capacity and investments within the country.
However, any demand to exchange sensitive technology related to SpaceX would directly conflict with US restrictions related to national security.
Is exiting China an option?
Analysts said there are three main possible paths for exiting Tesla's business in China: separating operations into an independent entity with Tesla retaining a majority economic stake, selling it with long-term agreements to license the use of the brand, or complete exit through selling operations, perhaps to another automaker.
However, any exit process will face several challenges, the most prominent of which is determining who might be willing to buy these assets.
Chinese automakers are unlikely to be interested in buying, said Li Yanwei, an analyst with the China Automobile Dealers Association. Because it does not require additional production capacities.
As for foreign car companies, they in turn face financial pressures. Which reduces the chances of it taking over.
Kollar believed that Musk might prefer to sell Tesla's operations in China in stages, rather than transferring control over them completely to another party. But he added that unless Musk wants to send a signal that he is retreating from the auto sector, he expects Tesla to find a way to retain its Chinese operations within the current ownership structure.
China remains an important source of cash flows
Completely decoupling from China may be difficult, with Chinese suppliers so closely integrated into Musk's broader business ecosystem.
Yale Zhang, general manager of Auto Foresight, a consulting company in Shanghai, said that the production of Tesla's factory in the city exceeds 50 percent of the company's total global production of cars.
However, some investors believe that these considerations are not enough to scuttle the deal.
Brian Mulberry, chief market strategist at Zacks Investment Management, which invests in Tesla and SpaceX, said that Tesla's Chinese manufacturing base is large, but the company has already taken steps to expand its production in the United States, especially in the field of human-like robots and the self-driving CyberCap car.
He added that many investors are more focused on the promises made by Musk regarding the future of these projects.
Mulberry indicated his belief that Tesla will argue before US regulators that its operations in China do not interfere with SpaceX activities. But he suggested that it may have to close or reduce its production in China if it fails to convince regulators to accept this separation.
“It's a short-term enough issue, limited enough, that it can be accommodated,” he said.
On the other hand, Tang said that Tesla's future prospects may be outside China, but its current business in the electric car sector is still largely dependent on the Chinese market, explaining that a large portion of the cash flows needed to finance the company's future bets comes from the production of electric cars in China.
He added: “This is precisely the reason that will push China to exploit this moment; Because you still need it.”
The International Monetary Fund raised its forecast for the growth of the Egyptian economy in 2026 to 5.1 percent, an increase of 0.9 percentage points from its forecast in April, in light of the steadfastness of economic activity and the continuation of reforms and economic stabilization efforts, in addition to supporting remittances from workers abroad and tourism revenues.
The Fund explained, in the “Regional Economic Outlook: Middle East and Central Asia” report issued in October 2026, that the performance of the Egyptian economy during the first half of the year remained largely in line with the growth recorded in the second half of 2025, reflecting the continued flexibility of economic activity despite regional challenges and pressures on prices.
Expectations indicate that the pace of growth will slow to 4.7 percent in 2027, before approaching 4.8 percent in the medium term by 2031, according to the report’s estimates.
Worker remittances and tourism support growth
The report attributed the improvement in growth prospects to the continuation of economic reforms and stabilization efforts within the framework of programs supported by the International Monetary Fund, as well as the support provided by remittances from Egyptians working abroad and tourism revenues.
He pointed out an increase in net remittances from workers abroad as a percentage of GDP during 2026 compared to the same period of the previous year. The tourism sector has also shown resilience, with hotel occupancy rates recording stable or higher than last year's levels, despite regional tensions.
Inflation remains high
On the other hand, inflationary pressures still pose a challenge to the Egyptian economy. General inflation reached 14.5 percent on an annual basis in August 2026, driven by rising global food and energy prices, in addition to the effects of the decline in the exchange rate.
The report expects a gradual slowdown in inflation, although the price path remains linked to developments in import costs, energy prices, and the exchange rate.
In this context, the Fund indicated that the nominal effective exchange rate of the Egyptian pound decreased by about 6 percent between February and August 2026, explaining that the flexibility of the exchange rate helped facilitate adaptation to external variables and protect reserves.
Financing pressures and public debt
On the public finance level, the report pointed out the continued rise in overall financing needs in Egypt, in addition to the close interrelation between the banking sector and government debt, with government securities acquiring a large share of banks’ assets.
These challenges emphasized the importance of continuing fiscal control, expanding the tax base, improving the efficiency of public spending, and enhancing debt management, in a way that supports the sustainability of public finances and reduces the risks associated with high financing burdens.
The Fund's forecasts reflect an economic picture that combines improved growth prospects and continuing challenges related to inflation and public debt, at a time when remittances, tourism, and economic reforms remain among the most prominent factors supporting activity in Egypt.
