Image Credits: Bandar Algaloud / Saudi Kingdom Council / Handout/Anadolu Agency / Getty Images
9:59 AM PDT · May 12, 2025
In a significant move to enhance its technological landscape, the ruler of Saudi Arabia, Mohammed bin Salman, has unveiled a new artificial intelligence venture named Humain. This initiative aims to strengthen the nation’s AI capabilities by developing a robust infrastructure, which includes the establishment of advanced data centers across the country.
This announcement coincides with the upcoming U.S.-Saudi investment forum, where prominent figures in the tech industry, including Elon Musk, Sam Altman, and Mark Zuckerberg, are expected to gather. The forum is anticipated to focus heavily on AI advancements, highlighting the growing importance of this technology in global markets. Additionally, former President Trump is set to visit the region this week, further emphasizing the strategic significance of these discussions.
Humain is backed by the Public Investment Fund (PIF) of Saudi Arabia, which oversees assets totaling approximately $940 billion. This funding is part of the Crown Prince’s broader vision to diversify the nation’s economy, reducing its reliance on oil revenues and fostering growth in the tech sector.
American technology firms have increasingly turned to the PIF as a vital source of investment. Notable companies, including major players in the tech industry, have recently collaborated with the fund on various AI projects, signaling a trend towards deeper partnerships in the realm of artificial intelligence.