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Saudi Arabia Launches $ billions AI Venture as Tech Titans Visit Riyadh

Washington, D.C., USA

May 15, 2025 (Updated: February 03, 2026) 2 Positive General

TheWkly Analysis

Riyadh, Saudi Arabia: Crown Prince Mohammed bin Salman announced a new state-backed AI company called “Humain” at a high-profile tech investment forum. Elon Musk, Sam Altman, and Mark Zuckerberg all participated. President Trump also attended, underscoring the event’s diplomatic significance. With ample Saudi sovereign wealth funding, Humain aims to build advanced data centers and AI solutions. The kingdom hopes to reduce oil dependence and become a global AI hub. U.S. tech leaders see an attractive market with deep pockets to fund large-scale projects—though concerns about Saudi Arabia’s human rights record linger.

What this means for you:

•	International jobseekers in tech or AI can look for roles in the Middle East—Saudi’s push may include hiring from abroad.
•	Business owners could find new funding if they partner with the Saudi AI initiative; keep ethical implications in mind.
•	Tech professionals: strengthen your AI credentials (online courses, portfolio projects) to stand out in a rapidly globalizing market.
•	Monitor U.S. policies and regulations around big overseas AI collaborations.

Key Entities

• Mohammed bin Salman: Saudi Arabia’s crown prince spearheading economic diversification.
• Humain: Newly formed Saudi AI company with massive investment potential.
• Elon Musk: CEO known for Tesla, SpaceX, with interest in emerging tech frontiers.
• Sam Altman (OpenAI CEO): Key figure in AI development who visited Riyadh to discuss global AI policies.
• President Trump: On a Middle East tour emphasizing investment deals.

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