BR100 Decreased By (-0.24%)
BR30 Decreased By (-0.52%)
KSE100 Decreased By (-0.17%)
KSE30 Decreased By (-0.12%)
AGHA 6.60 Decreased By ▼ -0.07 (-1.05%)
BECO 4.38 Increased By ▲ 0.03 (0.69%)
BML 55.61 Decreased By ▼ -0.56 (-1%)
BOP 29.94 Decreased By ▼ -0.18 (-0.6%)
CNERGY 12.71 Decreased By ▼ -0.27 (-2.08%)
CSIL 5.23 Decreased By ▼ -0.08 (-1.51%)
FCCL 51.60 Decreased By ▼ -0.05 (-0.1%)
FFL 14.45 Decreased By ▼ -0.04 (-0.28%)
FNEL 1.18 Decreased By ▼ -0.03 (-2.48%)
KEL 6.02 Decreased By ▼ -0.04 (-0.66%)
KOSM 5.61 Decreased By ▼ -0.23 (-3.94%)
LOTCHEM 26.26 Increased By ▲ 0.09 (0.34%)
MLCF 90.90 Decreased By ▼ -0.33 (-0.36%)
NBP 162.15 Decreased By ▼ -2.04 (-1.24%)
NCPL 52.67 Decreased By ▼ -0.51 (-0.96%)
NPL 58.09 Decreased By ▼ -1.03 (-1.74%)
OGDC 314.85 Increased By ▲ 1.46 (0.47%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.99 Decreased By ▼ -0.25 (-0.71%)
PIBTL 14.28 Decreased By ▼ -0.43 (-2.92%)
PPL 220.30 Decreased By ▼ -1.06 (-0.48%)
PRL 89.85 Decreased By ▼ -1.37 (-1.5%)
PTC 59.21 Increased By ▲ 0.02 (0.03%)
SSGC 23.27 Decreased By ▼ -0.03 (-0.13%)
TBL 8.68 Decreased By ▼ -0.07 (-0.8%)
TELE 7.45 Decreased By ▼ -0.16 (-2.1%)
TPL 21.10 Decreased By ▼ -0.93 (-4.22%)
TPLP 12.18 Decreased By ▼ -0.38 (-3.03%)
TREET 21.38 Decreased By ▼ -0.35 (-1.61%)
TRG 54.44 Decreased By ▼ -1.35 (-2.42%)
By

DUBAI: Saudi Arabia’s Crown Prince Mohammed bin Salman launched a new company under the Public Investment Fund (PIF) named “Humain” to develop and manage artificial intelligence technologies, the state news agency reported on Monday.

Chaired by the crown prince, Humain will provide a comprehensive range of AI services, products, and tools, including next-generation data centers, AI infrastructure, cloud capabilities and advanced AI models and solutions.

Saudi wealth fund PIF Expects to raise $1.25bn from 7-year sukuk

The company will also offer one of the world’s most powerful multimodal Arabic large language models (LLMs), the state news agency reported.

Saudi Arabia has expressed its ambition to establish itself as a global centre for data and AI.

Comments

Comments are closed for this article.