His Royal Highness Prince Mohammed bin Salman, Crown Prince and Prime Minister of Saudi Arabia, has announced the launch of a new company called Humane.
The Public Investment Fund (PIF) owns the company and will focus on creating, managing, and investing in artificial intelligence (AI) technologies and solutions.
Humane will bring in the latest AI tools and apps, including work on creating one of the best large language models (LLM) in Arabic.
The company will also help build the next generation of data centers and improve cloud computing systems to support this advanced technology.
The company will help build and improve AI skills and tools in Saudi Arabia, the region, and worldwide. It also aims to create new opportunities in the digital economy.
Humane will help manage and support different data centers and smart device projects. It will also work to speed up the use of AI technologies in many areas.
The company plans to offer digital solutions for sectors such as energy, healthcare, industry, and financial services, helping to grow the digital economy.
The company will support local development and ensure that new ideas and innovations are protected through intellectual property rights. It aims to help Saudi Arabia reach its goals in the data and AI sector.
Humane also wants to make Saudi Arabia a global hub for the best data and AI technologies and attract top talent and investments from inside and worldwide.
The Public Investment Fund (PIF) and several of its companies are working to build a strong AI system by investing and partnering with others around the world. They are using Saudi Arabia’s strategic location between three continents, which helps connect communication networks and makes it easier to handle large amounts of data quickly.
Saudi Arabia’s fast-growing economy and its large number of young people interested in new technology are also helping to boost AI research, innovation, and skill development across the country.
