Saudi Arabia's Humain Invests $3 Billion in xAI

Odaily News: Saudi Arabia-backed artificial intelligence company Humain has invested $3 billion in Elon Musk's AI startup xAI. The statement said that Humain has become a "significant minority shareholder" in xAI through this investment, which coincides with Musk's space exploration company SpaceX's acquisition of xAI. Humain's stake will be converted into shares of SpaceX. This investment solidifies the connection between Musk and Humain. The company was established last year with the aim of making Saudi Arabia a powerhouse in artificial intelligence. The two companies plan to develop a 500-megawatt data center in Saudi Arabia. (Jin10)