Saudi Arabia has unveiled the human, a new company of AI chaired by the Crown Prince Mohammed Bin Salman and supported by the Public Investment Fund of $ 940 billion (PIF) of the country, marking an important stage in the kingdom of the kingdom Vision 2030 To diversify its economy beyond oil.
Key points:
- “Human” aims to build an advanced AI infrastructure, including data centers and Arab models in large language.
- The launch aligns on the Saudi investment forum, featuring technological leaders like Elon Musk and Mark Zuckerberg.
- Saudi Arabia engages substantial investments to become a world AI center, in partnership with companies like Google Cloud and Salesforce.
Human establishment is a strategic decision of Saudi Arabia to position themselves at the forefront of AI development. The company plans to develop advanced AI technologies, including one of the most powerful Arabic language models in the world, and to build new generation data centers.
The time of the launch of the human coincides with the Saudi investment forum In Riyadh, who attracts important personalities from the technological industry, notably Elon Musk, Mark Zuckerberg and Sam Altman. The forum is expected to facilitate discussions on substantial investment agreements, Saudi Arabia has promised $ 600 billion in American investment over four years.
For Silicon Valley, the vast financial resources of Saudi Arabia have proved to be difficult to resist, despite the controversial human rights dossier in the kingdom. The crown prince, commonly called MBS, worked to position his country as a avant-garde technological center.
American technology giants warm up for Saudi investment in recent years. Google and Salesforce have both collaborated with PIF on AI -related projects, signaling growing comfort with Saudi capital in a perpetually hungry fundraising industry. In order for the companies that ran to build increasingly expensive AI systems, the deep pockets of the kingdom offer a convincing alternative to traditional venture capital or public procurement.
These initiatives are part of the broader 2030 Vision 2030 plan in Saudi Arabia, which aims to diversify the country’s economy and reduce its dependence on oil revenues. By investing massively in AI and promoting partnerships with the main technological companies, the kingdom aims to become a global hub for innovation and technology.
