Semiconductor and wireless technology firm Qualcomm has rolled out a new series of artificial intelligence chips, such as the AI200 and AI250 chips, as tech firms ramp up their offerings of products and services to remain competitive, as per an official press release.
Qualcomm will be signing up Saudi Arabian startup Humain as its first customer, which will be using its AI chips for data center infrastructure.
The announcement was previously made by both companies at the Saudi Investment Forum in May 2025.
Saudi Arabia will be implementing 200 megawatts of Qualcomm’s AI200 and AI250 rack solutions to power its data center infrastructure in the Kingdom.
Humain is an AI startup that was created in May by the Saudi-based Public Investment Fund. It is also reportedly planning to create its own AI-powered OS.
The update comes after Qualcomm declared a quarterly cash dividend of $0.89 per common share, which will be payable in December this year.
Humain’s Chief Executive Officer, Tareq Amin, said that this collaboration unties Humain’s deep regional insight and full AI Stack capabilities with Qualcomm’s semiconductor technology and leadership.
Source: Google Finance
Qualcomm stock closed at a price of $187.68 per share on Monday, ending up 11.09% higher.