The Kingdom of Saudi Arabia launches Ai Venture Humain before visiting Donald Trump

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The Kingdom of Saudi Arabia has launched a new artificial intelligence company headed by Crown Prince Mohammed bin Salman, and be the main vehicle of his Rayyah to lead the Kingdom’s strategy and investments as it seeks to become a global center Amnesty International.

The new entity was released by billions of dollars, called Humain, a day before US President Donald Trump held his head in the first stage of a round of three countries in the oil -rich Gulf.

The Elon Musk is also expected to be from Tesla and Openai Sam Altman in the Saudi capital on Tuesday to attend an investment forum in the United States, when a set of billions of dollars in Amnesty International, Defense and other deals are announced.

No details were provided about the size of Ayman’s capital, but the company plans to create a set of artificial intelligence and infrastructure technologies, including data centers, according to a statement published by the Saudi Government News Agency.

It will be an investor and operator of the origins of artificial intelligence, and plans to provide large Arabic language models targeting users Kingdom of Saudi Arabia And through the Middle East.

The construction of the modern Amnesty International model usually passes hundreds of millions of dollars, including advanced chips, huge energy requirements and other infrastructure costs.

American technology companies are increasingly looking to the Gulf, which runs some of the world’s most active sovereign wealth money, to collect capital and lure investments.

His leadership hopes to launch the Humain, owned by the General Investment Fund of $ 940 billion, will launch a clarity of the artificial intelligence strategy.

In recent years, Saudi officials have made many statements about the Kingdom’s major ambitions in the sector, but it is not clear any entity that leads plans.

PIF has already launched many artificial intelligence companies, including Alaat, headed by Prince Muhammad, who pledged to invest $ 100 billion by 2030 in an infrastructure for technology and technology.

Last year, AI Chipmaker Groq announced a partnership with Aramco Digital, a subsidiary of the government oil company in the Kingdom of Saudi Arabia, to build the largest inference center in the world in the Kingdom. Kirbra, another American chip maker, has announced an alliance with Aramco.

The US Treasury said on Thursday that it will create a “rapid tracking process to facilitate more investment in American companies” from the allies, which has been pressure on the Gulf states to accelerate artificial intelligence investments in the United States and facilitate access to American chips.

The Gulf states are increasingly considered Amnesty International as a major component of their efforts to reduce their dependence on oil and develop new industries.

The United Arab Emirates, which will visit Trump this week, has established the G42, headed by Sheikh Tahnoun bin Zayed Al -Nayhane, National Security Adviser in the State of Gulf, as the main Amnesty International vehicle. Microsoft Invest 1.5 billion dollars For the minority stake in G42 last year, in a deal that was seen as a key to American relations with the United Arab Emirates.

Abu Dhabi also launched a fund for investment in artificial intelligence, MGX, last year, and made a strategic decision to invest in American technology.

Qatar, the other country on Trump’s tour, has made clear the aspirations of artificial intelligence and may announce investments in the sector during the president’s visit.

Kingdom of Saudi Arabia Her spending slows down abroad In recent years, after a decade of frantic activity, as the government is wrestling with the low oil prices and the huge scale for its local projects, which PIF supervises many of them.

But artificial intelligence is one of the areas in which the Kingdom will look forward to continuing spending. In January, Prince Muhammad pledged to invest 600 billion dollars in the United States during the next four years after a phone call to Trump.

Participated in additional reports from Melissa Hikkaklag