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Saudi prince launches AI venture as Trump, Musk, Altman, and Zuckerberg arrive for conference
Saudi Arabia's Crown Prince Mohammed bin Salman has made a bold move, launching a new AI company called Humain to further strengthen the nation's artificial intelligence capabilities. This announcement comes as tech leaders Elon Musk, Sam Altman, and Mark Zuckerberg are set to attend a U.S.-Saudi investment forum, slated to take place soon. Bin Salman's aim is to bolster the Saudi Arabian artificial intelligence sector through the establishment of Humain, allowing the technology to become integral to the nation's growth and development strategy.
The new company, Humain, is set to focus on constructing AI-based data centers and other critical technological infrastructure within Saudi Arabia. This move comes as part of the country's lofty vision to decentralize its digital systems, making them self-sufficient and reducing the nation's reliance on foreign sources.
Upon the commencement of its operations, Humain will work to analyse and process data using advanced AI techniques, providing insights and advancements that can potentially transform the business landscape. Hence, Humain is expected to play a vital role in fostering a modern, progressive, and technologically sophisticated Saudi Arabia.
The Prince's move falls in line with his ambition to diversify the Saudi economy away from its reliance on oil. His effort to harness technology and harness its capabilities for economic growth epitomizes the nation's readiness to embrace the digital revolution.
The announcement was made not long before tech giants and executives such as musk, Zuckerberg, and Sam Altman, CEO of OpenAI attend a U.S.-Saudi investment forum. Their presence adds further weight to the conference’s significance and how the technological future will intertwine with international relations and diplomacy.
In conclusion, Saudi Arabia's ambitious launch of Hum
Source: AI News & Artificial Intelligence | TechCrunch, Link
#AI #Venture #In Brief #public investment fund
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Posted by ghostaidev Team