capacity

SAN FRANCISCO: Saudi Arabia is building an integrated model to attract leading artificial intelligence companies and help them expand globally, Communications and Information Technology Minister Abdullah Al-Swaha said in Silicon Valley on Friday.

Speaking at the fourth edition of the Frontier Leaders Forum 2026, held under the theme “AI Forward: A Global Frontier,” Al-Swaha said the Kingdom’s approach was centered on providing AI companies with three key resources: computing capacity, capital and access to customers.

He cited Grok as an example of this approach, highlighting Saudi Arabia’s partnership with US AI company xAI and Saudi AI company Humain to deploy Grok in the Kingdom and develop large-scale AI computing infrastructure.

Al-Swaha said the Kingdom aimed to build on that experience and attract more global AI companies, the Saudi Press Agency reported.

Saudi Arabia is working with the private sector to develop more than 14 gigawatts of computing capacity, he said, providing infrastructure for advanced AI companies while helping reduce operating costs and improve efficiency.

Humain is developing a range of AI infrastructure and platforms in the Kingdom, including AI cloud and high-performance computing services designed to support training, fine-tuning, inference and other AI workloads.

Al-Swaha also highlighted the Kingdom’s expanding use of generative AI, AI agents and augmented-reality applications across sectors including healthcare, government services, transportation and logistics.

He said Saudi Arabia would continue working with Silicon Valley around talent, technology and trust while providing the computing capacity, customers and capital needed to help the next generation of AI companies scale internationally.

Al-Swaha held a series of meetings during his visit with technology and investment executives to discuss expanding AI investment in the Kingdom, developing advanced models and applications and integrating them with infrastructure and computing capabilities being developed by Humain.

He met General Catalyst’s CEO Hemant Taneja to discuss expanding the investment firm’s AI and advanced-technology activities in Saudi Arabia, enabling its portfolio companies to develop and deploy applied AI solutions and using Humain’s computing capabilities to accelerate implementation in priority sectors.

Al-Swaha also met Arcee AI’s founder and CEO Mark McQuade to discuss expanding the use of the company’s Trinity open and enterprise models and deploying them across Humain’s infrastructure.

He held talks with Engramme’s co-founder and CEO Gabriel Kreiman on AI memory and continuous-learning applications designed to allow organizations to build models that learn from their own data, knowledge and operating environments.

Infrastructure was another focus of the meetings. Al-Swaha met Supermicro’s founder and CEO Charles Liang to discuss AI factory solutions, including integrated systems, liquid cooling and high-density architectures aimed at improving energy efficiency and supporting large-scale AI data centers.

He also met Upscale AI’s CEO Barun Kar to discuss high-performance AI networking and improving connectivity between computing accelerators, memory and storage to maximize the use of computing resources.

A further meeting with Velaura AI’s co-founder and CEO Rajiv Khemani focused on integrating energy-efficient computing technologies into Humain’s infrastructure and supporting the expansion of AI applications and autonomous systems.

SEOUL, Sept. 2 (UPI) — Korea Zinc said Wednesday that its production capacity for semiconductor-grade sulfuric acid has increased by more than 14% as the country’s two leading chipmakers boost production to meet rising demand.

The world’s largest non-ferrous metals manufacturer noted that it recently built two additional production lines for ultra-high-purity sulfuric acid at its Onsan Smelter in Ulsan, roughly 190 miles southeast of Seoul.

With the two new lines now in full-scale operation, Korea Zinc’s annual production capacity has risen from 280,000 tons to 320,000 tons.

Eventually, Korea Zinc aims to raise its domestic production capacity to 500,000 tons a year. It is also considering installing semiconductor-grade sulfuric acid lines at its planned integrated smelter in the United States.

In cooperation with the U.S. government, Korea Zinc is set to construct the smelter for strategic materials on a 160-acre site in Clarksville, Tenn. Under the $7.4 billion Project Crucible, the facility is expected to start production in 2029.

Korea Zinc said that it supplies more than 60% of South Korea’s demand for semiconductor-grade sulfuric acid. The Asian nation is home to the world’s two largest memory chipmakers, Samsung Electronics and SK hynix.

The corporation said that its product has a purity of more than 99.9999 percent, known as “six nines,” or 6N, purity.

“Through this capacity expansion, we will respond in a timely manner to the operation and ramp-up of key domestic clients’ new manufacturing facilities,” Korea Zinc said in a statement.

“Moving forward, we will phase in additional domestic production capacity in alignment with our clients’ demand and investment timelines. At the same time, we plan to establish a supply base in global markets, including the United States,” it added.

The share price of Korea Zinc fell 3.92% on the Seoul bourse on Wednesday, while the benchmark KOSPI declined 3.99%.