Riyadh: His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Board of Directors of PIF, today announced the launch of HUMAIN, a PIF-owned company. HUMAIN will operate and invest across the artificial intelligence (AI) value chain as a unified operating company.
According to Saudi Press Agency, HUMAIN, chaired by HRH the Crown Prince, will provide a comprehensive range of AI services, products, and tools, including next-generation data centers, AI infrastructure and cloud capabilities, and advanced AI models and solutions. The company will also offer one of the world's most powerful multimodal Arabic large language models (LLMs).
The company aims to develop and deliver AI solutions locally, regionally, and globally, with aspirations to enhance human capabilities and unlock new possibilities through the digital economy. PIF and its subsidiaries are actively investing in building an AI ecosystem and fostering international AI partnerships. These investments are bolstered by Saudi Arabia's strategic location, economic growth prospects, and a young, tech-savvy population that supports AI research and innovation.
PIF's strategy for the AI and digital economy aims to position Saudi Arabia as a globally competitive hub by innovating and building capacity. The Global AI Index, published in 2024, ranked Saudi Arabia as the world leader in government AI strategy.
HUMAIN will streamline data center initiatives, procure hardware, and accelerate AI technology adoption. The company will serve as a regional and global AI hub for strategic sectors, including energy, healthcare, manufacturing, and financial services.
The company will also promote local innovation, create intellectual property, and achieve national AI aspirations. This includes consolidating Saudi Arabia's position as a global leader in advanced data and AI technologies, attracting investment opportunities, and drawing top talent in the sector both locally and globally.