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Saudi Arabia is significantly increasing its investment in the realm of artificial intelligence (AI), with the ambition to transition from an oil-producing giant to a leading AI powerhouse. Recently, the country established Humain, a state-owned AI enterprise, which is personally chaired by Crown Prince Mohammed bin Salman and receives funding support from the Public Investment Fund (PIF), the country's sovereign wealth fund. Under the leadership of Tarek Amin, a former executive from Aramco Digital and Rakuten Group, Humain aims to comprehensively operate and invest across the AI industry chain. PIF has announced that Humain will concentrate on independently developing AI technology, fostering widespread adoption of AI tools in the Saudi economy, and integrating and optimizing data center projects.
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