Saudi prince launches AI venture as Trump, Musk, Altman, and Zuckerberg arrive for conference

Saudi Arabia’s ruler Mohammed bin Salman, Has launched an AI company Humine is asked to encourage the country’s artificial intelligence sector. The company plans to build the country’s AI infrastructure, including the construction of data centers.

This news reached the character of Elon Kasturi, Sam Altman and Mark Zuckerberg Is expected to attend Tuesday is a US-Saudi investment forum, where the AI ​​will probably take the center of the center. President Trump is also preparing to visit the country this week as part of the tour.

Humine is funded by the Public Investment Fund (PIF) in Saudi Arabia, which operates about $ 940 billion worth of assets and is part of the Crown Prince’s ambition to diversify its country’s money outside the profitable oil industry.

American Tech Giants have seen the rich PIF as the source of capital. The company preferred Google And Salesforce He recently worked with PIF in AI-related projects and investments.