Saudi Arabia Launches New AI Firm Ahead of Trump’s Visit
The King Abdullah Financial Center in Riyadh, Saudi Arabia.
Photographer: Maya Anwar/BloombergSaudi Arabia has launched a new firm to invest across the artificial intelligence value chain, ahead of a visit by US President Donald Trump, where the technology is expected to feature prominently on the agenda.
HUMAIN, owned by the kingdom’s $925 billion Public Investment Fund, will provide data centers, AI infrastructure and cloud capabilities, as well as Arabic large language models, according to a statement from the Saudi Press Agency.