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Saudi Crown Prince Mohammed bin Salman has launched HUMAIN, a Public Investment Fund (PIF)-owned company focused on advancing artificial intelligence, with plans to become a global leader in AI technologies and infrastructure
Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Chairman of the Public Investment Fund (PIF), has announced the launch of HUMAIN, a groundbreaking company that will operate across the full artificial intelligence value chain. Backed by PIF, HUMAIN aims to position Saudi Arabia at the forefront of AI innovation and global digital transformation.
Chaired by the Crown Prince, HUMAIN will offer a wide spectrum of AI-driven services and products, including cutting-edge data centers, robust AI infrastructure, cloud solutions, and one of the world’s most advanced multimodal Arabic large language models (LLMs). The company’s mission is to enhance human potential and unlock new opportunities in the global digital economy.
HUMAIN will serve as a strategic enabler of AI solutions at local, regional, and international levels. It is expected to become a hub for critical sectors such as energy, healthcare, manufacturing, and financial services.
PIF’s investment in HUMAIN reflects Saudi Arabia’s broader ambition to become a global leader in AI. The Kingdom is already ranked #1 globally in government AI strategy, according to the 2024 Global AI Index. With its strategic geographic location, strong economic outlook, and digitally inclined youth, Saudi Arabia offers a powerful platform for AI research and innovation.
In addition to streamlining data center projects and accelerating AI adoption, HUMAIN will foster domestic innovation, generate intellectual property, and attract top global talent and investment. It is also poised to consolidate Saudi Arabia’s status as a key driver of AI technologies and as a strategic player in shaping the global digital future.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the ground".
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