PIF announces its own AI company, HUMAIN
The company will operate and invest across the artificial intelligence value chain…
His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister, and Chairman of the Board of Directors of the Public Investment Fund (PIF), has just announced the launch of HUMAIN by PIF.
The company will enable capabilities to develop and deliver AI solutions locally, regionally, and globally. The AI powerhouse aspires to both enhance human capabilities and support the unlocking of new possibilities through the digital economy.
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This will include solidifying Saudi Arabia’s position as a global leader in enabling the most advanced data and AI technologies and in attracting investment opportunities and the best talents in the sector, both locally and globally.
HUMAIN by PIF will provide a comprehensive range of AI services, products and tools, including next-generation data centres, 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). PIF and its subsidiaries are actively investing in building an AI ecosystem and fostering international AI partnerships.
The company will also foster local innovation and the creation of intellectual property and achieve national AI aspirations.
HUMAIN will also streamline various data centre initiatives, procure hardware, and accelerate the adoption of AI technologies. The company will serve as a regional and global AI hub for strategic sectors, including energy, healthcare, manufacturing, and financial services.
Visit: pif.gov.sa