Actis Eyes Joining Saudi Tech Rush With Data Center Investment

Amazon Web Services is set to invest an impressive $5 billion in South Korea over the next six years, focusing on the development of new artificial intelligence data centers. This significant investment not only highlights Amazon's commitment to expanding its cloud computing capabilities but also promises to boost the local economy and create numerous job opportunities in the tech sector. It's a win-win for both Amazon and South Korea as they work together to advance AI technology.

Amazon is making a significant move by investing an additional $5 billion in data centers in South Korea. This investment not only highlights Amazon's commitment to expanding its AI infrastructure in the region but also signals a growing demand for advanced technology solutions. As South Korea continues to emerge as a tech hub, this funding could lead to job creation and innovation, benefiting both the local economy and Amazon's global operations.

Starcloud and Crusoe are making headlines by planning to launch Nvidia H100 GPUs into orbit, aiming to create solar-powered data centers in space. This innovative approach could significantly reduce energy costs associated with AI computing, which is a pressing concern in today's tech landscape. By harnessing solar energy in space, these companies are not only pushing the boundaries of technology but also addressing sustainability in the rapidly growing field of artificial intelligence.

Tareq Amin, the head of Saudi Arabia's AI startup Humain, expressed optimism about securing advanced chip technology from the US, emphasizing that his company has provided comprehensive guarantees to American officials. This development is significant as it highlights Saudi Arabia's commitment to advancing its technological capabilities while navigating international relations, particularly in the context of US-China tensions.

Caterpillar Inc. is set to experience a significant profit boost over the next three years, thanks to the booming demand for backup generators in US data centers, as reported by UBS. This surge in revenue is expected to nearly double, highlighting the growing importance of reliable power solutions in the tech industry. This news is crucial as it not only reflects Caterpillar's adaptability to market trends but also underscores the increasing reliance on data centers in our digital age.

Saudi Arabia is making significant strides in the global tech landscape by investing heavily in artificial intelligence and data centers. Collaborating with major players from the U.S. and China, the kingdom is positioning itself as a key player in the geopolitical race for technological dominance. This move not only enhances its economic prospects but also showcases its ambition to become a leader in the A.I. sector, which is crucial for future innovations and global competitiveness.

Google is set to benefit from a significant move as NextEra Energy Inc. plans to revive a nuclear power plant in Iowa to supply energy for its data centers. This initiative not only supports Google's commitment to sustainable energy but also highlights the growing trend of tech companies investing in renewable sources. The revival of the plant could lead to job creation and a more stable energy supply, making it a win-win for both the environment and the local economy.

Qualcomm is making a bold move against Nvidia by launching new AI data-center chips that leverage its mobile technology expertise. This is significant as it marks Qualcomm's entry into a competitive market, with its first customer being Humain from Saudi Arabia, set to utilize these chips for substantial computing power starting in 2026. This development could reshape the landscape of AI technology and highlights Qualcomm's ambition to expand its influence in the tech industry.

The Huawei Watch Fit 3 is now available at a record-low price of £68.99 on Amazon, making it an attractive option for those looking for a budget-friendly smartwatch. This deal is significant as it offers consumers a feature-packed alternative to more expensive options like the Apple Watch, allowing them to enjoy advanced fitness tracking and smart features without breaking the bank.

If you're a coffee lover looking for convenience, Nespresso machines are a fantastic choice. A trained barista has recommended three of the best models that promise to deliver delicious coffee in an instant. This is great news for anyone who values quality and speed in their morning routine, making it easier than ever to enjoy a café-style brew at home.

The latest Google Pixel Watch 4 has introduced some impressive features that not only enhance its functionality but also elevate the user experience. Many of these advanced functions are compatible with older models, making it a great time for users to explore what their devices can do. This matters because it encourages users to maximize their investment in technology and stay updated with the latest innovations.

YouTube has begun removing videos that demonstrate how to perform nonstandard installations of Windows 11, a move that raises concerns among tech enthusiasts and content creators. This action could limit the sharing of valuable information and tutorials, impacting users who seek to customize their operating systems. The decision highlights the ongoing tension between platform policies and user-generated content, making it a significant topic in the tech community.

In 2026, the landscape of mobile app development continues to evolve, with Flutter leading the charge. This framework, introduced by Google in 2017, has transformed how developers create apps, making the process faster and more efficient. The article highlights the top 10 Flutter app development companies in the USA, showcasing their innovative approaches and contributions to the industry. This matters because as businesses increasingly rely on mobile applications, knowing the best companies to partner with can significantly impact their success.

Actis GP LLP is considering investing in data centers in Saudi Arabia, a move that highlights the kingdom's commitment to diversifying its economy beyond oil. This investment is significant as it aligns with Saudi Arabia's broader economic plans, showcasing the growing importance of technology and infrastructure in the region.