Saudi Arabia launches Ai Venture Humain before Donald Trump’s visit

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Saudi Arabia has launched a new artificial intelligence company that will be chaired by Prince Colonel Mohammed Bin Salman and being Riyadh’s main vehicle to promote the Kingdom’s strategy and investments, as it seeks to become a center of Global AI.

The new billionaire entity, called Humain, was presented one day before the President of the United States, Donald Trump, set off on the first stage of a three -year tour of the Gulf rich in oil.

Elon Musk of Tesla, Sam Altman of the Openai and the Zuckerberg goal is also expected to be in the Saudi capital on Tuesday to attend an Investment Forum in the United States-Saudi, when a number of billionaire deals in AI, Defense and other sectors are expected to be announced.

Details were not given for the size of the Humain capital, but the company plans to build a set of AI technologies and infrastructure, including data centers, according to a statement published by the Saudi state news agency.

Will be a AI asset investor and operator plans to offer advanced Arabic language models Saudi Arabia and the Middle East.

Building a state -of -the -art AI model is usually the hundreds of millions of dollars, which involves avant -garde chips, huge energy demands and other infrastructure costs.

North -American technology companies are increasingly seeking golf, which manages some of the largest and most active sovereignist wealth funds in the world, to raise capital investments and dare.

Riyadh will wait for Humain’s launch, owned by the $ 940 million public investment fund, will provide clarity to his AI strategy.

In recent years, Saudi officials have made numerous statements on the great ambitions of the kingdom in the sector, but it has not been clear which entity had directed the plans.

The PIF has already launched several AI companies, including Aat, also chaired by Prince Mohammed, who has pledged to invest $ 100 million by 2030 in AI Hardware and Technology Infrastructure.

Last year, U.S. GROQ AI chips announced a collaboration with Aramco Digital, a subsidiary of the Saudi Arabian oil company, to build the world’s largest inference data center in the world. Cerebras, another United States AI maker, has also announced an alliance with Aramco.

The Treasury of the United States said on Thursday that it would establish a “fast track process to facilitate greater investment in North -American companies” of the Allies, which golf states pressed to accelerate AI investments in the United States and facilitate access to North -Americans.

Gulf states are increasingly seeing the AI ​​as a key component of their efforts to reduce their dependence on oil and develop new industries.

The United Arab Emirates, which Trump will visit this week, has established G42, which is chaired by Sheikh Tahnoon Bin Zayed al-Nahyan, the Minister of National Security of the Gulf State, as the main Ai vehicle. Microsoft Invested 1.5 million dollars For a minority participation in G42 last year, in an agreement that was considered key to relationships with us with the United Arab Emirates.

Abu Dhabi also launched a dedicated AI investment fund, MGX, and has made a strategic decision to invest in US technology last year.

Qatar, the other country on Trump’s tour, has also made clear his AI ambitions and is likely to announce investments in the sector during the President’s visit.

Saudi Arabia has he slowed down his expense abroad In recent years after a decade of frantic activity as the Government climbs the lower prices of oil and the pure scale of its domestic projects, many of which are supervised by the PIF.

But the AI ​​is considered one of the areas where the kingdom will seek to continue to spend. In January, Prince Mohammed pledged that the kingdom would invest $ 600 million in the United States for the next four years after a telephone call with Trump.

Additional reports from Melissa Heikkilä