Saudi prince launches AI venture as Trump, Musk, Altman, and Zuckerberg arrive for conference

Saudi Arabia’s ruler, Mohammed bin Salman, launched an AI company called Humain to bolster the country’s artificial quality sector. The institution plans to physique retired the country’s AI infrastructure, including the operation of information centers.

This quality arrives arsenic Elon Musk, Sam Altman, and Mark Zuckerberg are expected to attend a U.S.-Saudi concern forum connected Tuesday, wherever AI volition apt instrumentality halfway stage. President Trump is besides preparing to sojourn the state this week arsenic portion of a circuit of the region.

Humain is funded by Saudi Arabia’s Public Investment Fund (PIF), which manages assets worthy astir $940 cardinal and is portion of the Crown Prince’s ambitions to diversify his country’s finances beyond the lucrative lipid industry.

American tech giants person looked to the affluent PIF arsenic a root of capital. Companies similar Google and Salesforce person besides precocious worked with the PIF connected AI-related projects and investments.