Prince’s successor to Saudi Arabia is president of the first AI state -owner organization in the country
Saudi Arabia on Monday, 12, Humin and State Intelligence Company will be presided over by Prince Mohammed Bin Salman and will be the main vehicle for the sector. The initiative was revealed a day before US President Donald Trump’s former President Donald Trump arrived in Riyadh during a visit to the billionaire deal.
The new company has not yet been announced, but funded Public Investment FundThe Saudi Sovereign Fund is 40 940 billion. According to the state news agency, Human AI acts as an investor and developer, plans to create its own infrastructure such as data centers and technologies, especially on Arabic.
The company is expected to develop large language models, so -called Large language modelsFocused on the demands of regional use and the Middle East countries. The development of these tools requires investment in the order of hundreds of million dollars with high energy consumption, special chips and technical assistance.
Humin’s debut will take place during the investment platform between the USA and Saudi Arabia on Tuesday (13). This program should be revealed in the fields of defense, technology and artificial intelligence.
Controversy over the AI sector integration and chips in the Gulf
Humin’s experiment appears to be a stage of clarity to the Saudi Eye Policy, which is spread by various state agencies. The new state -owned company Mohammed Bin has joined other PIF activities such as Alaia, chaired by Alayan, who promised to invest $ 100 billion in technical infrastructure and AI hardware by 2030.
In recent months, Saudi Arabia has signed a partnership like the US chip manufacturers such as Grok and Cerebrease, which is associated with the digital arm of a government -owned oil company. For example, Groch has announced plans to build the world’s largest AI per cent center in the country.
The Gulf countries are expanding technical investments as part of their economic diversity strategies. The United Arab Emirates, which will receive Trump this week, built the G42 as its main AI vehicle with the support of Microsoft invested in Microsoft $ 1.5 billion and with the support of international works.
Khatar, another destination of entourage, should also declare works in this field, strengthening the regional dispute for the protagonist in artificial intelligence.
Saudi Arabia still sees AI as a priority, although it has reduced its appetite for external investments due to the cost of oil and the cost of home megaprojects. After talking to Trump, Saudi prince promised to invest $ 600 billion in the United States by 2029.
