Overview

• Humain, a new AI company under Saudi Arabia's Public Investment Fund, was launched by Crown Prince Mohammed bin Salman in Riyadh.
• The company will focus on developing data centers, cloud infrastructure, and advanced AI models, aligning with the kingdom's Vision 2030 goals.
• Saudi Arabia aims to position itself as a global AI hub outside the U.S., leveraging strategic investments and partnerships with firms like Salesforce.
• The launch coincides with U.S. President Donald Trump's visit to Saudi Arabia and the Saudi–U.S. investment forum, where AI is a key discussion topic.
• This move builds on Saudi Arabia's $40 billion AI fund announced in 2024, furthering efforts to reduce oil dependency through technological innovation.