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Tareq Amin, CEO of Humain, and Jensen Huang, CEO of NVIDIA, attend the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia May 13, 2025. Hamad I Mohammed | Reuters Saudi Arabia is looking to make data its new oil — if artificial intelligence and data center company Humain gets its way. The company, owned by the … Read more
Humain, the state-owned AI company from Saudi Arabia, is on track to launch a $10 billion venture fund, Humain Ventures, that will invest in startups in the U.S., Europe and Asia, The Financial Times reported, quoting Tareq Amin, Humain’s CEO. Humain is in talks with U.S. firms like Andreessen Horowitz, OpenAI and Elon Musk’s xAI … Read more
The U.S.’s chip deal with Saudi Arabia is a “watershed” moment in global AI, according to Dan Ives, managing director at Wedbush Securities, giving the Middle East region a massive advantage over China in the AI race. Humain will receive 18,000 cutting-edge Blackwell chips from Nvidia, the chipmaker’s CEO Jensen Huang announced Tuesday at the … Read more
Amazon says it will work with Humain, the AI company recently launched by Saudi Arabia’s ruler, Mohammed bin Salman, to invest “$5 billion-plus” in a strategic partnership to build an “AI Zone” in Saudi Arabia. The AI Zone will include dedicated Amazon Web Services (AWS) AI infrastructure, servers, networks, and training and certification programs, according … Read more
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