### H3>Recent News on Unicorns and AI Innovations
#### Cerebras and Aramco Partner to Boost AI in Saudi Arabia
Cerebras Systems has announced a strategic partnership with Aramco through a Memorandum of Understanding aimed at accelerating AI deployment in Saudi Arabia. This collaboration will leverage Cerebras’ CS-3 systems to build, train, and deploy large language models across various sectors, including industries, universities, and enterprises. The partnership aims to enhance AI capabilities and foster innovation using Cerebras’ advanced AI supercomputers.
#### Groq Achieves Breakthrough in AI Inference Performance
Groq has achieved remarkable speeds in AI inference, setting new benchmarks with its LPU technology. The company also secured $640 million in Series D funding and announced a major partnership with Aramco Digital to build the world’s largest inferencing data center in Saudi Arabia.
#### Tabby Acquires Tweeq to Expand Fintech Services
Tabby, a Saudi buy now, pay later firm, has entered into a definitive agreement to acquire digital wallet provider Tweeq. This acquisition marks a key development in the Kingdom’s fintech sector and will help Tabby broaden its offerings beyond its core BNPL services. The integration of Tweeq is expected to enhance financial inclusion by expanding into additional services, aligning with Saudi Arabia’s broader objectives under the National Fintech Strategy.
