Saudi Gazette report

RIYADH — Crown Prince Mohammed bin Salman, Prime Minister and Chairman of the Board of Directors of the Public Investment Fund (PIF), on Monday announced the launch of HUMAIN, a new PIF-owned company focused on artificial intelligence.

HUMAIN will operate as a unified AI entity, investing across the entire AI value chain.

The company will offer a comprehensive range of services and solutions including advanced AI models, multimodal Arabic large language models (LLMs), next-generation data centers, cloud capabilities, and infrastructure to support AI deployment across sectors.

Chaired by the Crown Prince, HUMAIN aims to enhance human capabilities and unlock new opportunities in the digital economy, serving both regional and global markets.

The launch aligns with PIF’s broader strategy to position Saudi Arabia as a globally competitive AI and digital economy hub.

The company will play a central role in developing local innovation, streamlining data center projects, sourcing hardware, and accelerating AI adoption in strategic sectors such as energy, healthcare, manufacturing and financial services.

Saudi Arabia’s government AI strategy has already earned top global recognition. The Global AI Index in 2024 ranked the Kingdom as the world leader in this field.

PIF noted that Saudi Arabia’s strategic location, demographic advantages, and economic momentum uniquely position it to process massive data volumes and foster cutting-edge research.

HUMAIN will further attract international partnerships, top talent, and high-value investments while supporting national aspirations in data and AI leadership.