Saudi Arabia’s crown prince has launched Humain, a new AI company under the Public Investment Fund, to boost the kingdom’s AI sector. It plans to build data centres and develop Arabic AI models. The move supports Vision 2030 which aims to make Saudi Arabia a global hub for AI innovation.

Saudi Arabia’s crown prince, Mohammed bin Salman, has unveiled a new artificial intelligence company, Humain, aimed at strengthening the country’s growing AI sector. Established under the Public Investment Fund (PIF), the company plans to develop Saudi Arabia’s AI infrastructure, including setting up advanced data centres.

Humain is poised to offer a broad spectrum of AI services, products, and tools, such as next-generation data centres, AI infrastructure, cloud solutions, and cutting-edge AI models and applications.

The PIF, which is backing the initiative, manages assets valued at approximately $940 billion, as reported by news site TechCrunch.

As the world’s largest oil exporter, Saudi Arabia is undergoing a major economic and social shift under its Vision 2030 programme, which seeks to reduce the country’s reliance on oil. Part of this vision includes establishing Saudi Arabia as a global AI hub—the country aims to position itself as a key player in the AI space, rivalling the United States as a centre for AI innovation.

https://m.economictimes.com/tech/artificial-intelligence/all-about-humain-saudi-crown-prince-mohammed-bin-salmans-multi-billion-dollar-ai-company/amp_articleshow/121134906.cms