Riyadh, May 12 -- Saudi Crown Prince Mohammed bin Salman announced on Monday, May 12, the launch of 'HUMAIN,' a new artificial intelligence (AI) company owned by the Public Investment Fund (PIF).

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

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

Chaired by the Crown Prince, HUMAIN aims to enhance human potential and unlock new opportunities in the digital economy, serving both regional and international markets, according to the Sau...