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How will Nvidia's stock price change by the end of July 2024 following the Middle East deal?
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Story
Nvidia Signs Deal to Deploy AI Tech in Middle East with Ooredoo Amid U.S. Curbs
Jun 23, 2024, 07:30 PM
Nvidia has signed a deal to deploy its artificial intelligence technology at data centers owned by Qatari telecoms group Ooredoo in five Middle Eastern countries. This agreement marks Nvidia's first large-scale launch in the region, despite U.S. curbs on AI exports to the Middle East. Ooredoo's CEO confirmed the partnership, which aims to enhance AI and graphics technology in the region. Reuters reports that the Ooredoo partnership will roll out AI cloud services and involve the purchase of thousands of Nvidia GPUs.
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