Gcore and Ezditek Launch Joint Venture to Accelerate Building, Training, and Deploying AI Solutions in the Kingdom of Saudi Arabia
The joint venture will provide
high-performance AI infrastructure optimized for advanced AI workloads while
maximizing efficiency, productivity, and sustainability
Riyadh, Saudi Arabia, November
19, 2024 – Gcore, the
global edge AI, cloud, network, and security solutions provider, and Ezditek, an innovator in
data center and digital infrastructure services in the Kingdom of Saudi Arabia
(KSA), have launched a joint venture focused on providing high-performance AI
infrastructure in the KSA. The joint venture will develop an ‘AI factory’, which
can be used for building, training, and deploying generative AI solutions
locally and across the globe.
The joint venture brings
together Gcore’s expertise in cloud-based AI infrastructure and Ezditek’s
innovative approach to sustainable and AI-centric data center design and build.
The joint venture is the result of an agreement signed by Gcore and Ezditek in
May 2024 and will support the KSA’s position as a leading global AI hub. The
incorporation process of the joint venture is currently underway and is subject
to regulatory approvals, including from the General Authority for Competition
in the KSA.
“We are excited to join forces
with Ezditek in building this groundbreaking AI factory. By combining our cloud
services and AI infrastructure capabilities with Ezditek’s expertise in data
center development, we are setting a new standard for AI infrastructure in the
region,” said Andre Reitenbach, CEO at Gcore.
The AI factory will be
deployed in an Ezditek data center and be home to tens of thousands of GPUs
that will empower organizations to train and deploy sophisticated generative AI
models. This will enable the rapid training and development of predictive analytics
models, deep data analysis, and process optimization, as well as a growing
number of AI use cases.
“Over the last six months, we
have worked in collaboration with Gcore to identify areas where we can deliver
the most value for customers, and support the KSA’s vision for AI
leadership. Together, we are developing an AI factory purpose-built for enabling
and accelerating AI innovation and adoption,” said Ibrahim Almulhim, CEO at
Ezditek. “We’re extremely proud to be working with a global leader in AI
enablement and bringing a visionary approach to AI innovation to market in the
KSA.”
“This partnership will
accelerate the adoption of AI and cloud computing solutions, benefiting
businesses and citizens alike,” said Eng. Bassam Al-Bassam, Deputy Minister of
Telecommunications and Digital Infrastructure at MCIT. Al-Bassam also pointed
out that this partnership will boost digital investment and national digital
capacity in Saudi Arabia, underpinned by its digital capabilities and reliable
infrastructure.
About Gcore
Gcore is a global edge AI,
cloud, network, and security solutions provider. Headquartered in Luxembourg,
with a team of 600 operating from ten offices worldwide, Gcore provides
solutions to global leaders in numerous industries. Gcore manages its global IT
infrastructure across six continents, with one of the best network performances
in Europe, Africa, and LATAM due to the average response time of 30 ms
worldwide. Gcore’s network consists of 180 points of presence worldwide in
reliable Tier IV and Tier III data centers, with a total network capacity
exceeding 200 Tbps.
Learn more at gcore.com and follow them
on LinkedIn, Twitter, and Facebook.
About Ezditek
Ezditek is a leading Saudi
Arabian company specializing in the development and operation of
state-of-the-art data centers. With a proven track record in delivering
scalable and energy-efficient data center solutions, Ezditek plays a key role
in supporting the Kingdom’s growing digital economy. Learn more at Ezditek.com.