On 29th August 2022, Twistcode® officially signed an MoU with Saudi Arabia's conglomerate Ajlan & Bros Holding Group, witnessed by Prime Minister of Malaysia Datuk Seri Ismail Sabri Yaakob, at Ritz Carlton Hotel Kuala Lumpur.
The MoU, is for Twistcode® to setup a Top 20 fastest supercomputer in the world and a business joint-venture in Saudi Arabia, with investment approximately USD$200 million.
The dual-mode operation of the low-carbon footprint supercomputer - supercomputing as a service and AI as a service, will cover and capture the market of Kingdom of Saudi Arabia's and Middle East North Africa's respectively in various vertical.
This will also to enhance and to accelerate Saudi Arabia 2030's vision significantly. The commencement of work will start in Q4 2022. Twistcode® would like to thank Ajlan & Bro Holding Group very much for their trust,, and Twistcode® are looking forward to execute such given tasks the best it could.