HRH Crown Prince Mohammed Bin Salman Launches HUMAIN To Advance Global AI Solutions

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, has announced the establishment of HUMAIN. This new company, owned by the Public Investment Fund (PIF), will focus on investments in the artificial intelligence (AI) sector. HUMAIN aims to operate as a unified entity across the AI value chain, offering a wide array of services and products.

The company will provide advanced AI models and solutions, including next-generation data centers and cloud capabilities. It will also offer one of the most powerful multimodal Arabic large language models globally. By doing so, HUMAIN seeks to enhance human capabilities and unlock new opportunities within the digital economy.

HUMAIN is set to become a regional and global hub for AI in strategic sectors such as energy, healthcare, manufacturing, and financial services. The company plans to streamline data center initiatives and accelerate AI technology adoption. This approach aims to foster local innovation and create intellectual property.

PIF's strategy aligns with Saudi Arabia's ambition to be a competitive global hub for AI. The Global AI Index 2024 ranked Saudi Arabia as the top nation for government AI strategy. This reflects the country's commitment to developing its domestic economy through innovation and capacity building.

Saudi Arabia's strategic location at the crossroads of three continents offers significant advantages for processing large volumes of data. The country's economic growth prospects and tech-savvy youth further support cutting-edge AI research and innovation. These factors make it an attractive destination for international AI partnerships.

PIF is actively investing in building an AI ecosystem that benefits from these unique attributes. The aim is to position Saudi Arabia as a leader in advanced data and AI technologies while attracting investment opportunities and top talent both locally and globally.

National Aspirations

HUMAIN's mission includes achieving national AI aspirations by consolidating Saudi Arabia's global leadership in data technologies. The company will enable local, regional, and global delivery of AI solutions while fostering international collaborations. This initiative supports PIF's broader goal of diversifying the domestic economy.

The launch of HUMAIN marks a significant step towards enhancing Saudi Arabia's role in the global digital economy. By focusing on strategic sectors and leveraging its unique advantages, Saudi Arabia aims to become a key player in the international AI landscape.

With inputs from SPA