Humain, the Saudi Arabia-based AI company owned by the Public Investment Fund, has led a $900 million Series C funding round for Luma AI, with participation from major investors including AMD, Amazon, Andreessen Horowitz, Amplify Partners, and Matrix Partners.

Luma AI specializes in developing multimodal artificial general intelligence (AGI) capable of understanding and interacting with the physical world through video, audio, images, and language, marking a significant leap beyond traditional text-based AI models.

The funding will be utilized to train advanced AI models on billions of diverse datasets, in collaboration with HUMAIN, which will build Project Halo, a 2-gigawatt AI supercluster in Saudi Arabia, representing one of the largest GPU infrastructures globally.

The partnership aims to accelerate the development of World Models, a next-generation AI approach that extends beyond current capabilities to effectively interact with the real world and provide impactful solutions for businesses and individuals.

Tareq Amin, CEO of HUMAIN, stated: “Our investment in Luma AI, coupled with the 2GW Project Halo, positions us at the frontier of training, deploying, and scaling multimodal intelligence globally. This partnership sets a new benchmark for integrating capital, compute, and capability.”