BMW recalls more than 720,000 vehicles in U.S. over fire risk, urges owners to park outside
BMW is recalling more than 720,000 vehicles in the U.S. over a fire risk, warning owners to park outside and away from buildings until repairs are ...
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.
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Saudi Aramco's acquisition of a 49 per cent stake in artificial intelligence (AI) company HUMAIN is putting a spotlight on a wider investment question: why are some of the world's biggest energy companies moving deeper into AI, and what do they expect to gain?
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