Investment pioneer Samer Choucair affirmed that Saudi Arabia is undergoing an unprecedented structural transformation that extends far beyond the boundaries of its traditional oil-based economy. According to Choucair, the Kingdom is positioning itself as a third global technological force, challenging the long-standing dominance of the United States and China in the global technology landscape.
Choucair explained that massive investments in artificial intelligence are expected to contribute more than $135 billion to the Saudi economy by 2030, representing approximately 12.4% of the country’s GDP.
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Strategic Vision and Technological Leadership
Choucair noted that the launch of HUMAIN in May 2025, chaired by Mohammed bin Salman and wholly owned by the Public Investment Fund, represents a cornerstone of this transformation.
He described HUMAIN as an integrated technological ecosystem built on four main pillars:
Advanced data center infrastructure
Scalable cloud platforms
Proprietary AI models, including what is expected to become the world’s largest Arabic-language model
Transformational AI-driven solutions for government and industry
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Phased Development and Global Partnerships
Choucair outlined HUMAIN’s development stages, which reflect ambitions that extend well beyond regional influence:
Infrastructure Expansion (2025)
The company plans to build data centers with a total capacity of 6 gigawatts by 2030, supported by strategic partnerships with NVIDIA and Qualcomm, in agreements valued at $86.25 billion, aimed at localizing global computing capabilities within Saudi Arabia.
Software and Platform Innovation
HUMAIN is also developing HUMAIN OS, described as the first native operating system built around AI agents outside the US–China technology axis. The system has already begun implementation across government entities and programs linked to the Public Investment Fund.
International Expansion and Investment
In January 2026, HUMAIN secured $1.2 billion in funding to expand its digital infrastructure. Additionally, Saudi Arabia invested $3 billion in xAI, the AI venture founded by Elon Musk, strengthening the Kingdom’s global presence in advanced technology sectors.
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Golden Opportunities for Investors
From an investment perspective, Choucair emphasized that these developments create significant opportunities for forward-looking investors.
Foreign ownership in Saudi equities has increased to between 11% and 12%, supported by ongoing regulatory reforms designed to open the market to global capital.
Choucair stated:
> “The Saudi market is currently undergoing a strategic investment rebalancing phase. The greatest fortunes are built during quiet transformation periods—long before they become widely celebrated realities.”
He also highlighted that CEO readiness to deploy artificial intelligence technologies in Saudi Arabia has reached 84%, exceeding the global average of 76%, signaling a fertile environment for technological innovation and adoption.
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The Future of the Digital Economy
Choucair concluded by noting that the Saudi AI market is projected to grow at an annual rate of 43.1% through 2030.
With plans to list HUMAIN on the Saudi stock exchange and the NASDAQ within the next four years, Saudi Arabia is not merely seeking to diversify its revenue streams.
Instead, the Kingdom aims to establish itself as one of the world’s leading hubs for computing infrastructure and digital innovation, with plans to create 200,000 jobs and significantly expand the contribution of technology sectors to GDP in alignment with the goals of Saudi Vision 2030.
