Saudi Arabia’s Humain Launches $10 Billion AI Venture Fund
- Humain, a state-owned Saudi company, has launched a $10 billion venture fund.
- The fund targets AI startups in the US, Europe, and Asia.
- Humain is in discussions with OpenAI, Andreessen Horowitz, and xAI for collaborations.
- The company aims to capture 7% of the global AI infrastructure market by 2030.
Saudi Arabia’s Humain has announced a significant investment initiative with a $10 billion venture fund focused on AI startups across key regions. The company is actively pursuing partnerships with major tech firms to enhance its position in the global market.
Source (2.6)https://hodl.press/ft-humain-launches-10b-fund-for-ai-startups/?rand=24434
