Saudi Arabia is swapping barrels for bandwidth. In a bold move to position itself as the next global player in artificial intelligence, Crown Prince Mohammed bin Salman has launched a brand-new AI venture called Humain — a company set to supercharge the kingdom’s tech evolution and chip away at its oil dependency.
Announced on Monday, the new firm will develop and manage cutting-edge AI technologies as part of the kingdom’s ongoing transformation under its sweeping Vision 2030 plan. The aim? To make Saudi Arabia a global AI powerhouse — with ambitions that stretch beyond the usual Silicon Valley strongholds.
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Image @princebinsalmanmahammad via Instagram
Humain will operate under the country’s influential Public Investment Fund (PIF) and will offer everything from data centres and cloud infrastructure to advanced AI models and products. It’s all part of a bigger strategy to fuel local innovation, attract global partnerships, and turn the kingdom into a magnet for AI talent and enterprise.
According to state news agency SPA, Humain will focus on building AI services that meet both local demand and global standards. It’s chaired by bin Salman himself, Saudi Arabia’s de facto ruler, and underlines how serious the country is about becoming a tech-first economy.
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“We are investing in AI not just as a tool, but as a pillar of our future economy,” bin Salman’s camp has hinted in recent statements, positioning Humain as the launchpad for Saudi Arabia’s next-gen infrastructure.
And they’re not going it alone. Tech giants are already buying into the kingdom’s AI push. Earlier this year, Salesforce revealed plans to invest $500 million in Saudi-based AI initiatives, marking one of the largest foreign tech investments in the region.
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The timing isn’t accidental either. AI is expected to be high on the agenda at the Saudi-U.S. investment forum in Riyadh, where American and Saudi leaders — including President Trump, who is visiting this week — will discuss joint efforts to accelerate technological collaboration.
So, what’s the bigger picture? With Humain in play, Saudi Arabia wants to shift its global identity from oil giant to AI innovator. It’s aiming to build not just the tech but the infrastructure, talent, and regulatory systems needed to lead in artificial intelligence — all while appealing to startups, investors, and major players looking for new hubs outside the U.S.
Bottom line: if AI is the new oil, Saudi Arabia wants to be OPEC 2.0.
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