Saudi Arabia launches AI venture Humain ahead of Donald Trump visit

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Saudi Arabia has launched a new artificial intelligence.

The newly immoral entity named Huma was opened a day ago, the day before, Donald Trump refers to the first part of the three-nation tour of the oil-free oil in Riyadh.

Tesla’s Elon Musk and Opssi Sam Altman are expected to be in the Saudi capital of the US-Saudi Investment Forum, when it is planned that it is planned to deal with multicultural transactions in AI, defense and other spheres.

No details were given for the size of the Hamain capital, but the company plans to build a set of AI technology and infrastructure, including data centers, according to the statement issued by the Saudi State News Agency.

It will be both investor and AI asset operator, and plans to offer large Arab Language models aimed at users Saudi Arabia and in the Middle East.

The construction of the modern AI model AI usually runs hundreds of millions of dollars, involving more chips, enormous energy requirements and other infrastructure costs.

US technology companies are more and more looking at the bosom, which manages the world’s largest and most active sovereign wealth funds, increase capital and temptations to invest.

Riyadh hopes that the operation of humans, which belongs to the State Investment Fund of $ 940 billion, will bring clarity to its AI strategy.

In recent years, Saudi officials have made many statements about the great ambitions of the Kingdom in the field, but it is unknown for which organization the programs were headed by.

PIF has already launched a number of AI companies, including Alat, who also presides over Prince Mohammed, which has promised to invest $ 2030 with AI hardware and technological infrastructure by 2030.

Last year, the US Ai Chipmaker Groq announced a partnership with the subsidiary of the State Oil Company of Saudi Arabia to build the world’s largest subordinate data center in the Kingdom. Cerebras, Ai Ai Chipmaker, also announced an alliance with Aramco.

On Thursday, the US Treasury announced that it would create more “Fast Process and Allies” investment, something that we should lobby to accelerate in the United States.

The Gulf states of Gulf are more and more see AI as a key component of their efforts to reduce oil dependence and develop new industries.

The United Arab Emirates that won this week this week has created a G42, which is chaired by the National Security Adviser to the National Security of the Gyulf State Sheikh Tahan Nahyan as its main AI vehicle. Microsoft: $ 1.5 billion has been invested Last year, in G42, a transaction for minority shares, which was considered to be the key to US relations with the UAE.

Abu Dhabi also launched AI Investment Fund, MGX, Last year and a strategic decision made investments in US technology.

The other country of Trump’s tour of Qatar also clarified its AI ambitions and probably involves investments in the field during the president’s visit.

Saudi Arabia has slowed his expenses abroad In recent years, after a decades of fierce activities, when the government ranks lower oil prices and a pure scale of its internal projects, many of which are controlled by the PIF.

But AI is considered to be one of the areas where the Kingdom would like to continue costs. In January, Prince Muhammad promised that the Kingdom will invest $ 600 billion in the United States with a phone call with Trump over the past four years.

Additional report by Melissa Heikkilä