This Week In Cloud AI - Saudi Arabia's Vision 2030 Cloud AI Partnership Unveiled

In a significant development for Cloud AI, D-AI, a European leader in artificial intelligence, has partnered with Saudi Arabia’s Public Investment Fund to advance the country's cloud and AI infrastructure. The multi-year collaboration is set to develop sovereign national data centers, cloud systems, and digital identity platforms, integral to Saudi Arabia's Vision 2030 initiative aimed at fostering digital transformation. This strategic alliance emphasizes locally governed systems, ensuring national control over data and technological growth, while also focusing on building local expertise and leadership in high-performance computing. As Saudi Arabia strengthens its technological capabilities, the initiative supports the country's goals to expand its digital economy and establish itself as a leader in secure compute infrastructure. The partnership will begin with establishing data and AI hubs and integrating sovereign cloud systems across key government infrastructures.

In other trading, FUJIFILM Holdings (TSE:4901) was a standout up 2.8% and ending trading at ¥3,317. At the same time, Sandisk (NasdaqGS:SNDK) softened, down 20.3% to end the day at $195.96.

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• Apple (NasdaqGS:AAPL) settled at $266.25 down 0.9%, hovering around its 52-week high.
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Sources:

• Simply Wall St
• "D-AI and Saudi Arabia’s PIF Launch Multi-Year Partnership to Build National AI and Cloud Infrastructure" from D-AI on GlobeNewswire (published 19 November 2025)

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