Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud has launched HUMAIN, a new artificial intelligence company aimed at developing Arabic large language models and establishing the kingdom as a global hub for AI innovation and leadership.
Backed by the Public Investment Fund, HUMAIN will operate across the entire AI value chain as an integrated technology firm, the Saudi Press Agency reported.
HUMAIN’s creation aligns with the broader goals of Vision 2030, the kingdom’s economic transformation plan, and underscores its ambition to lead in high-tech sectors. The company will support local innovation, develop intellectual property, and attract top global AI talent and investment.
“Chaired by HRH the Crown Prince, HUMAIN will provide a comprehensive range of AI services, products and tools, including next-generation data centres, AI infrastructure and cloud capabilities, and advanced AI models and solutions,” stated the SPA report.
“The company will also offer one of the world’s most powerful multimodal Arabic large language models,” it added.
The firm is also set to drive adoption of AI technologies in key sectors such as energy, healthcare, manufacturing, and financial services. It will consolidate data center initiatives, oversee hardware procurement, and scale deployment of AI solutions regionally and globally.
AI is expected to contribute 58.8 trillion riyals($15.6trn) to the global economy by 2030, the Saudi Data and Artificial Intelligence Authority has projected. The sector is also forecast to generate 98 million jobs by 2025.
PIF and its portfolio companies are actively working to build a thriving AI ecosystem, leveraging Saudi Arabia’s strategic location, economic growth potential, and rising demand for advanced AI research and innovation.
&uuid=(email))