Saudi Arabia’s Crown Prince Mohammed bin Salman announced today, May 12, the launch of HUMAIN, a new PIF-owned company in artificial intelligence, according to the Saudi Press Agency.
The company will focus on offering and developing artificial intelligence solutions and technologies and investing in the sector’s ecosystem.
Chaired by the Crown Prince, HUMAIN will offer a vast array range of AI services, products and tools, such as next-generation data centers, AI infrastructure and cloud capabilities, as well as advanced AI models and solutions.
Promisingly, the company will also provide one of the world’s most powerful multimodal Arabic large language models (LLMs).
Interestingly, HUMAIN will empower capabilities to develop AI solutions at the local, regional and global levels and unleash new horizons for digital economy.
Currently, PIF and its companies are expanding their investments to set an AI ecosystem and enhance international AI partnerships.
These investments leverage from the Kingdom’s strategic location at the nexus of three continents, economic growth prospects and young, tech-savvy population.
Importantly, HUMAIN will launch various data center initiatives, procure hardware and accelerate the adoption of AI technologies.
Therefore, it will serve as a regional and global AI hub for strategic sectors, such as energy, healthcare, manufacturing and financial services.
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