The Saudi Public Investment Fund establishes AI company HUMAIN, with businesses involving data centers, AI infrastructure, and more.

Saudi Crown Prince and Prime Minister, and Chairman of the Saudi Public Investment Fund, Mohammed, announced on May 12 that PIF's subsidiary company HUMAIN has officially been established. It will engage in operational and investment activities around the artificial intelligence value chain. The statement said that HUMAIN will offer a variety of AI services and products, including data centers, AI infrastructure, cloud capabilities, and advanced AI models.