Saudi Crown Prince Mohammed Bin Salman launched a new company Humain to develop and manage artificial intelligence technology in Saudi Arabia, a top priority for ultra-modernizing its economic diversification power.
US President Donald Trump travels to Saudi Arabia this week, the first stop on his Gulf tour, and AI is expected to be a major dialogue point during tomorrow’s joint Saudi-US funding discussion board in Riyadh.
The kingdom, the sector’s biggest crude exporter, is presently processing a significant economic and social transformation under its Vision 2030 program, which seeks to wean the economy off its oil dependency.
The company will function to provide state-of-the-art AI-powered packages, including the development of large language models (LLMs) in Arabic, the establishment of next-generation statistics facilities, and the enhancement of cloud computing infrastructure.
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Those projects intend to bolster capabilities in growing and delivering AI-powered applications and answers at domestic, local, and international levels, thereby commencing new apertures in the digital economy.
Humain will support and coordinate a variety of state projects associated with statistics and device facilities, accelerate the adoption of state AI technology in numerous fields, and offer an integrated system for solutions related to the digital economy in multiple strategic sectors, including power, healthcare, industry, and financial offerings.
Overall, the company will energize all domestic efforts, with precise emphasis on keeping intellectual assets for improvements and realizing Saudi Arabia’s aspirations for the tech and AI sectors, foremost among them, strengthening its stature as a global hub to empower first-class information and AI technologies, in addition to attracting investment possibilities and top abilities from Saudi Arabia and beyond.