AMD Invests $900 Million Alongside Nvidia's Strong Q3 Earnings

The global artificial intelligence sector is experiencing a flurry of activity, marked by significant investments, strategic partnerships, and evolving market dynamics. A major development sees Saudi Arabia's state-backed AI company HUMAIN leading a substantial $900 million funding round for the US AI video startup Luma AI. This investment values Luma AI at over $4 billion and is set to transform the company's operations. As part of the deal, Luma AI will relocate much of its data infrastructure to Saudi Arabia and establish an office in Riyadh. HUMAIN plans to construct Project Halo, a 2-gigawatt AI supercluster in Saudi Arabia, with Luma AI serving as its primary customer. Luma AI CEO Amit Jain intends to leverage this infrastructure to develop advanced "world models" for various applications, including Hollywood content creation. This partnership underscores Saudi Arabia's ambition to become a global AI hub and includes an initiative to create the world's first Arabic video model. AMD, along with existing investors like Andreessen Horowitz, Amplify Partners, and Matrix Partners, also participated in this funding round, which was announced on November 19, 2025, during Crown Prince Mohammed bin Salman's visit to the US. Meanwhile, the broader AI market is closely watching the performance of key players like Nvidia. On Wednesday, November 19, 2025, Nvidia, a dominant AI chipmaker, released its earnings report, which sparked some nervousness in the stock market. While the company reported strong Q3 earnings with adjusted EPS of $1.30 and revenue of $57.01 billion, beating analyst estimates, and issued robust Q4 guidance of $65 billion, concerns persist. Data center revenue reached $51.2 billion, driven by "explosive Blackwell demand," and CEO Jensen Huang noted that cloud GPUs are sold out, calling the sales "off the charts." Nvidia's shares rose 4.30% after the report, extending its year-to-date gain to over 38%, solidifying its leadership in the accelerating global AI infrastructure buildout. However, investors are questioning the sustainability of the AI boom, especially given a projected 56% revenue increase, which is slower than its past triple-digit growth. Discussions around "circular AI deals" and whether the AI boom might be masking broader economic weaknesses are also surfacing, though many experts remain cautiously optimistic. In other sector news, Meta Platforms saw its stock fall further, moving closer to a negative year. Analysts at Cantor Fitzgerald lowered their price target for Meta, citing increasing cloud capacity costs as a significant concern. The company's stock slump largely stems from worries about its rapidly growing capital spending, which is heavily tied to its substantial investments in artificial intelligence. Security in the age of AI is also a growing focus. Austin-based Nudge Security secured $22.5 million in Series A funding, led by Cerberus Ventures, to enhance its AI and SaaS security solutions. The company aims to help organizations manage the increasing security challenges posed by AI embedded in SaaS applications, providing automated, real-time security guidance and unified visibility. Since its October 2022 launch, Nudge Security has tripled its annual revenue for two years and serves nearly 200 customers. Similarly, UAE-based Secure.com finalized a $4.5 million funding round, led by Disrupt.com, to expand its AI security agents. Their new product, Digital Security Teammate (DST), offers AI-native agents that act like security analysts, investigating alerts and automating compliance to address the 4.8-million-role cybersecurity talent shortage. Finnish telecoms equipment maker Nokia also announced a new AI-focused strategy on November 19 to boost its profits by 2028. Starting in 2026, Nokia will reorganize into two main businesses: network infrastructure for AI and data centers, and mobile infrastructure for core telecoms, aiming for an annual operating profit of 2.7 billion to 3.2 billion euros by 2028. CEO Justin Hotard highlighted strong demand from major cloud providers. Finally, for investors, TipRanks' ETF AI analyst identified three Exchange Traded Funds (ETFs) on November 19, 2025, as top investment choices with an "Outperform" rating and over 10% potential growth: the Franklin Focused Growth ETF, the SmartETFs Dividend Builder ETF, and the T. Rowe Price Blue Chip Growth ETF.

Key Takeaways

• Saudi Arabia's HUMAIN led a $900 million funding round for Luma AI, valuing the US AI video startup at over $4 billion.
• Luma AI will move data infrastructure to Saudi Arabia and be the main customer for Project Halo, a 2-gigawatt AI supercluster built by HUMAIN.
• AMD, Andreessen Horowitz, Amplify Partners, and Matrix Partners also invested in Luma AI's funding round.
• Nvidia reported strong Q3 earnings with $57.01 billion revenue and $65 billion Q4 guidance, driven by "explosive Blackwell demand" in data centers, despite market nervousness about AI boom sustainability.
• Meta Platforms' stock fell due to increasing cloud capacity costs and rapidly growing capital spending tied to AI investments.
• Nudge Security secured $22.5 million to enhance its AI and SaaS security solutions, providing automated guidance and unified governance for nearly 200 customers.
• Secure.com raised $4.5 million to expand its AI security agents, launching Digital Security Teammate (DST) to address the cybersecurity talent shortage.
• Nokia announced a new AI-focused strategy to boost profits by 2028, reorganizing into network infrastructure for AI/data centers and mobile infrastructure.
• TipRanks' ETF AI analyst identified three "Outperform" rated ETFs with over 10% growth potential: Franklin Focused Growth ETF, SmartETFs Dividend Builder ETF, and T. Rowe Price Blue Chip Growth ETF.

Saudi HUMAIN invests $900 million in Luma AI for global supercluster

Saudi Arabia's state-backed AI company HUMAIN led a $900 million funding round for US AI video startup Luma AI, valuing it over $4 billion. As part of the deal, Luma AI will move much of its data infrastructure to Saudi Arabia and open a Riyadh office. HUMAIN will build Project Halo, a 2-gigawatt AI supercluster in Saudi Arabia, with Luma AI as its main customer. Luma AI CEO Amit Jain plans to use this to develop advanced "world models" for various uses, including Hollywood content creation. This partnership helps Saudi Arabia become a global AI hub and includes an initiative to create the world's first Arabic video model. The announcement occurred during Crown Prince Mohammed bin Salman's visit to the US on November 19, 2025.

Saudi Arabia invests $900 million in Hollywood AI firm Luma AI

Saudi Arabia's AI company Humain, backed by the PIF, led a $900 million funding round for Hollywood AI firm Luma AI. This deal gives Luma AI access to large Saudi data centers with 2 gigawatts of computing power, and Luma will open an office in Riyadh. Luma AI CEO Amit Jain plans to use this to develop "world models" for entertainment, like creating movies. This investment helps Saudi Arabia become a global AI hub, a goal supported by Crown Prince Mohammed bin Salman. The funding round also included investors like Andreessen Horowitz, Amplify Partners, and Matrix Partners.

Luma AI secures $900 million led by Saudi Humain

AI video startup Luma AI raised $900 million in a new funding round led by Saudi AI company Humain. This investment values Luma AI at over $4 billion. The companies will partner to build Project Halo, a 2-gigawatt AI supercluster in Saudi Arabia, one of the world's largest GPU deployments. Luma AI CEO Amit Jain plans to use the funds to scale their "world models" which learn from various media to simulate reality. Humain also aims to create Arabic video models and deploy Luma's technology to Middle Eastern businesses, boosting Saudi Arabia's role as an AI hub. Other investors included AMD, Andreessen Horowitz, Amplify Partners, and Matrix Partners.

Luma AI raises $900 million for Saudi supercluster

Luma AI secured $900 million in funding, led by Saudi Arabia's Humain, part of the Saudi Private Investment Fund. The announcement happened at the U.S.-Saudi Investment Forum in Washington, D.C. This investment will help build Project Halo, a 2-gigawatt supercluster in Saudi Arabia, which will be one of the world's largest computing infrastructures. Luma CEO Amit Jain stated this infrastructure is crucial for processing vast amounts of data from various media. AMD and existing investors like Andreessen Horowitz, Amplify Partners, and Matrix Partners also participated in the funding round.

Nudge Security raises $22.5 million for AI and SaaS protection

Austin-based Nudge Security secured $22.5 million in Series A funding, led by Cerberus Ventures, to enhance its AI and SaaS security solutions. The company helps organizations manage the growing security challenges from AI embedded in SaaS applications. Nudge Security's platform provides automated, real-time security guidance to employees, offering unified visibility and governance across all AI and SaaS tools, integrations, and identities. Since its launch in October 2022, Nudge Security has tripled its annual revenue for two years and serves nearly 200 customers. The new funding will allow the company to expand its governance capabilities and accelerate innovation in AI-driven risk modeling.

Nudge Security gets $22.5 million to boost AI governance

Nudge Security secured $22.5 million in funding, led by Cerberus Ventures, to expand its AI governance solutions. The company helps organizations manage the growing security challenges from AI across their SaaS applications. Nudge Security's platform provides automated discovery, behavioral insights, and continuous governance to secure the "Workforce Edge." Since its launch in October 2022, the company has tripled its annual recurring revenue for two years and serves nearly 200 customers. This new funding will allow Nudge Security to further develop its capabilities and innovation pipeline, addressing the complexities of AI adoption and SaaS sprawl.

Nvidia earnings report sparks AI market questions

On Wednesday, November 19, 2025, Nvidia, a leading AI chipmaker, released its earnings report, causing nervousness in the stock market. Investors are questioning if the AI boom is sustainable, especially after other tech companies showed weaker results. Nvidia's chips power most major AI ventures and data centers, making its performance a key indicator for the AI ecosystem. While Nvidia expects a 56% revenue increase, this is slower than its past triple-digit growth. CEO Jensen Huang's comments are highly anticipated. Concerns also exist about "circular AI deals" and whether the AI boom is hiding broader economic weaknesses, though many experts remain cautiously optimistic.

Nvidia earnings report sparks questions about AI boom

Nvidia, a highly valuable computer-chip giant, reported earnings on Wednesday, November 19, 2025, raising questions about the future of the AI boom. Nvidia's chips have fueled a massive data center build-out, supporting the US economy. While the company expects a 56% revenue increase, this is slower than previous triple-digit gains. CEO Jensen Huang previously announced $500 billion in orders for 2025 and 2026. Concerns are growing about "circular AI deals" and whether AI investment returns are overly optimistic. Experts remain cautiously optimistic, believing the investment boom has room to grow, but acknowledge stretched valuations.

Secure.com raises $4.5 million for AI security agents

UAE-based Secure.com finalized a $4.5 million funding round led by Disrupt.com to expand its AI security agents. The company launched its new product, Digital Security Teammate (DST), designed to help security teams facing a 4.8-million-role cybersecurity talent shortage. DSTs are AI-native agents that act like security analysts, investigating alerts, triaging incidents, and automating compliance within existing security systems. CEO Uzair Gadit states DSTs can match the workload of an L1 analyst and security engineer at a lower cost, helping teams manage the overwhelming number of alerts and rising cybercrime damages.

AI analyst recommends 3 top ETFs for investors

On November 19, 2025, TipRanks' ETF AI analyst identified three Exchange Traded Funds, or ETFs, as top investment choices. These ETFs received an "Outperform" rating and show more than 10% potential for growth. The recommended funds are the Franklin Focused Growth ETF, the SmartETFs Dividend Builder ETF, and the T. Rowe Price Blue Chip Growth ETF. This information aims to help investors choose suitable ETFs.

Nokia aims for higher profit with new AI strategy

Nokia, the Finnish telecoms equipment maker, announced a new AI-focused strategy on November 19 to boost its profits by 2028. Starting in 2026, Nokia will reorganize into two main businesses: network infrastructure for AI and data centers, and mobile infrastructure for core telecoms. The company aims for an annual operating profit of 2.7 billion to 3.2 billion euros by 2028, up from 2 billion euros last year. CEO Justin Hotard noted strong demand from major cloud providers. Nokia also plans to create a defense unit for secure connectivity and reduce operating expenses.

Meta stock falls due to rising AI cloud costs

Meta Platforms stock fell further on Wednesday, moving closer to a negative year. Analysts at Cantor Fitzgerald lowered their price target for Meta, citing increasing cloud capacity costs as a major concern. The company's stock slump is largely due to worries about Meta's rapidly growing capital spending, which is heavily tied to its investments in artificial intelligence.

Nvidia stock rallies on record AI chip sales

Nvidia reported strong Q3 earnings, with adjusted EPS of $1.30 and revenue of $57.01 billion, beating analyst estimates. The company also issued robust Q4 guidance of $65 billion. Data center revenue reached $51.2 billion, driven by "explosive Blackwell demand," and CEO Jensen Huang stated sales are "off the charts" with cloud GPUs sold out. Nvidia's shares rose 4.30% after the report, extending its year-to-date gain to over 38%. This solidifies Nvidia's leadership in the accelerating global AI infrastructure buildout, which CEO Huang calls a "virtuous cycle."

Sources

• Saudi firm backs US AI startup’s $900 million fundraise, investment in Saudi Arabia
• Saudi Arabia Leads Effort to Pour $900 Million Into Hollywood AI Firm, Giving Kingdom a Foothold In Future of Entertainment
• Luma AI raises $900 million in funding round led by Saudi AI firm Humain
• Luma AI, A Growing Startup With Hollywood Ties, Raises $900M To Build “Supercluster” In Saudi Arabia
• Nudge Security: $22.5 Million Series A Raised To Advance Workforce AI And SaaS Governance
• Nudge Security secures $22.5m to expand AI governance
• AI is about to face an enormous test. The market is already nervous
• The world's most valuable company reports earnings today — with potential signals about AI's future
• Secure.com finalises $4.5 million funding to expand AI security agents
• 3 Best ETFs to Invest In, According to AI Analyst, 11/19/2025
• Nokia targets profit boost by 2028 with new AI-focused strategy
• Meta Stock Slide Deepens. Here's Another AI Cost To Watch.
• Nvidia Rallies on 'Off the Charts' AI Chip Sales, Tops Forecasts