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    All about Humain, Saudi crown prince Mohammed bin Salman’s multi-billion dollar AI company

    Synopsis

    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.

    All about Humain, Saudi crown prince Mohammed bin Salman’s multi-billion dollar AI companyReuters
    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.

    Humain’s strategy will see it not only invest in but also operate AI assets, with plans to introduce advanced Arabic-language large models targeting users in Saudi Arabia and throughout the Middle East, according to the Financial Times.

    This announcement comes as key figures in the tech world, including Tesla's Elon Musk, OpenAI CEO Sam Altman, and Meta’s Mark Zuckerberg, are expected in Riyadh for a US-Saudi investment forum. The event is expected to feature a series of multibillion-dollar deals across AI, defence, and other sectors.

    In addition, US President Donald Trump is commencing a four-day trip to the Middle East, starting with talks with crown prince Mohammed bin Salman. The discussions are expected to focus on a variety of issues, including efforts to dismantle Iran’s nuclear programme, address the ongoing conflict in Gaza and managing global oil prices.

    Also Read: Saudi Arabia's Humain partners with Nvidia on AI goals as Trump visits
    ( Originally published on May 13, 2025 )
    The Economic Times

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