Saudi Ah -Firm Humain pours billions into data. Will it pay off?

Tarek Amen, Humain CEO, and Jensen Juan, CEO of Nvidia, are present at the Saudi-US Investment Forum, in Riyadh, Saudi Arabia on May 13, 2025.

Hamad and Mohammed | Reuters

Saudi Arabia seeks to make new oil data – if the artificial intelligence company and the Humain data center will get its way.

The company, owned by the large -scale sovereign welfare fund of the Saudi Kingdom, seeks to create the potential of the data center in the country with seemingly unlimited land and rich energy resources.

The Kingdom has faced less oil prices and rising domestic mega projects, such as the Futuristic region of Neom, hopes that increasing demand for data and computing will serve a reliable monetary cow for the next decades.

“Our ambition is very clear. We want to become the third largest supplier in the world, for the US and China,” Tarek Amen, CEO of Humain said on Tuesday.

Launched in May this year, just the day before the visit of US President Donald Trump to the Kingdom, Humain seeks to provide the full capacity of the II at the processing center, infrastructure, cloud platforms and advanced AI models, which he hopes will post Saudi Arabia as the AI ​​Region Center.

CEO of Humain Saudi Arabia for construction of Arab competitor in Chatgpt

Saudi Arabia faces fierce competition from the neighboring United Arab Emirates, which creates ahead of its main partnerships with US technological giants on a number of projects, including the StarGate campus in Abu Dabi. The StarGate project is $ 500 billion in private sector focused on investment transport Soft banksand will be built with the help of Oracle. Nvidia and Cisco Systems.

While the Saudi Arabian data processing market Are forecast to grow From $ 1.33 billion in 2024 to $ 3.9 billion by 2030 it is still a long way before reaching the US market, which is currently estimated at more than $ 200 billion.

Further questions about the cost and impact on the environment from running and cooling miles of data centers in desert deserts in the Middle East, as well as the possibility of raising the II engineers to live in Saudi Arabia.

Access to skill and talents remains the main problem – to overcome this gap, Saudi Arabia relies heavily on foreign talent, with professionals who require high wages and often do not remain in the kingdom for a sustainable period of time.

Even with the proposal for extensive payment, drawing and maintenance of AI engineers will be difficult for the kingdom. Roles associated with II in Saudi Arabia remain mainly vacantAccording to the Minister of Human Resources and Social Development Ahmed al-Rzha.

Compared to the UAE, which has a more consistent strategy for attracting investment and the implementation of the state strategy, Saudi Arabia is most likely “fought” when it comes to AI engineers, said Baghdad Gerras, an AAE enterprise in Antler, which invest in the early stage.

“I think that the Saudi Arabian version below is extremely concentrated above, but there is a kind … Lack of medium control and how vision is reported and translated to the ground,” he said.

Nvidia, AMD Partnerships

Humain does not disclose investment goals, but has announced $ 23 billion for partnership strategic technologies and a $ 10 billion venture fund. PIF, which owns it, controls nearly $ 1 trillion in the wide sector and countries.

“All my investments are strategic. Any startup that really resolves my number one requirement … Joint creation of IP, localization, load consumption in Saudi Arabia, really where we go and invest,” Amin said. “So, I put a lot of capital in the infrastructure, that is, think about Graq and other companies in which we will invest, and then layers of applications.”

The California company AI Company Groq in February provided $ 1.5 billion in Saudi Arabia for expanding chips. In December, Grok built what he said he was the largest cluster in the Kingdom.

Saudi Arabia -

“GroqCloud services are now available nearly four billion people near the CSR. This output of the Groq AI conclusion gives the opportunity to serve in the EMEA and South Asia markets that were invisible earlier,” the company said earlier this year.

Humain also in partnership with American giants for chips Amd and NvidiaFor chips that will supply grand plans for construction of Humain data centers.

The PIF firm started building on two major towns in the kingdom, consisting of 11 data centers. Each data center will have a 200-mode power. By the fourth quarter of 2025, Humain wants 50 megawatts to be built and then an additional 50 megawat each quarter in 2026.

By 2030, it was aimed at the installation of 1.9 gigawat and six gigawat until 2034.

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