Saudi Arabia’s Crown Prince Mohammed Bin Salman launched a company to develop and manage artificial intelligence technologies, according to a Reuters report, which said this is a top priority of the kingdom’s economic diversification drive. This announcement came shortly before President Donald Trump’s visit to Saudi Arabia. AI is expected to be a major point of discussion during Tuesday’s joint Saudi-U.S. investment forum in Riyadh.
This comes amid Saudi Arabia’s Vision 2030, a project that attempts to move the kingdom away from dependence on oil. It wants to develop AI technology and infrastructure — including data centers — and has ambitions to establish the kingdom as a global center for AI, pitching itself as a prospective hub for AI activity outside the United States.
Bin Salman’s company Humain will operate under the Public Investment Fund (PIF), and offer AI services and products, including data centers, AI infrastructure, cloud capabilities and advanced AI models, according to the state news agency.
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Meanwhile, AI chipmaker Nvidia announced it would sell more than 18,000 of its latest artificial intelligence chips to Humain. This announcement was made during Trump’s visit to the kingdom.
The cutting-edge Blackwell chips will be used in data centers totaling 500 megawatts in Saudi Arabia, according to statements at the Saudi-U.S. Investment Forum in Riyadh on Tuesday. Nvidia said its first deployment will use its GB300 Blackwell chips, which are among Nvidia’s most advanced AI chips right now.
“I am so delighted to be here to help celebrate the grand opening, the beginning of Humain,” Huang said. “It is an incredible vision, indeed, that Saudi Arabia should build the AI infrastructure of your nation so that you could participate and help shape the future of this incredibly transformative technology.”
“Saudi Arabia is rich with energy, transforming the energy through this giant versions of these Nvidia AI supercomputers, which are essentially AI factories,” Huang added. Meanwhile Nvidia’s competitor AMD also stated it would supply chips to Humain as part of a deal to build 500 megawatts of AI capacity.