Nvidia Partner Ooredoo Eyes Data Center Acquisitions Amid AI Push, CEO Says
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Ooredoo, a Qatari telecom group, is seeking to acquire data centers to accommodate Nvidia's latest AI chips, as it cannot build them quickly enough.
December 06, 2024 | 11:00 am
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Nvidia's AI chips are in high demand, prompting Ooredoo to acquire data centers to support their deployment.
The news indicates a strong demand for Nvidia's AI chips, as Ooredoo is unable to build data centers fast enough and is opting for acquisitions. This suggests positive sentiment and potential growth in sales for Nvidia's AI products.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80