Saudi Arabia’s new state-owned artificial intelligence company will seek investment from top US tech companies and will launch a $10bn venture capital fund as it leads the kingdom’s effort to become a global AI hub.
Tareq Amin, chief executive of Humain, told the Financial Times he was in talks with American groups including OpenAI, Elon Musk’s xAI and Andreessen Horowitz about its ambitious plans.
He said it was seeking a US tech group to become an equity partner in Humain’s data centre business, which aims to become one of the world’s biggest AI infrastructure providers, but declined to say which American companies were interested in such a deal.
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