Saudi prince launches AI venture as Trump, Musk, Altman, and Zuckerberg arrive for conference | TechCrunch

Image for article Saudi prince launches AI venture as Trump, Musk, Altman, and Zuckerberg arrive for conference | TechCrunch
News Source : TechCrunch

News Summary

  • Humain is funded by Saudi Arabia’s Public Investment Fund (PIF), which manages assets worth around $940 billion
  • American tech giants have looked to the wealthy PIF as a source of capital
  • President Trump is also preparing to visit the country this week as part of a tour of the region
Saudi Arabias ruler, Mohammed bin Salman, launched an AI company called Humain to bolster the countrys artificial intelligence sector. The company plans to build out the countrys AI infrastructure [+733 chars]

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