Saudi Arabia’s ruler, Mohammed bin Salman, launched an AI firm referred to as Humain to bolster the nation’s synthetic intelligence sector. The corporate plans to construct out the nation’s AI infrastructure, together with the development of knowledge facilities.
This information arrives as Elon Musk, Sam Altman, and Mark Zuckerberg are anticipated to attend a U.S.-Saudi funding discussion board on Tuesday, the place AI will probably take middle stage. President Trump can also be making ready to go to the nation this week as a part of a tour of the area.
Humain is funded by Saudi Arabia’s Public Funding Fund (PIF), which manages property value round $940 billion and is a part of the Crown Prince’s ambitions to diversify his nation’s funds past the profitable oil trade.
American tech giants have appeared to the rich PIF as a supply of capital. Firms like Google and Salesforce have additionally not too long ago labored with the PIF on AI-related initiatives and investments.
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