US company Luma AI opens office in Riyadh

• Business partner with PIF-backed Humain
• Company recruiting local staff
• Saudi has ‘appetite and ambition’

Luma AI, a US artificial intelligence company based in California, has opened offices in Riyadh as part of its expansion in Saudi Arabia.

The company has set up in Al Majdoul Tower with its business partner Humain, an AI company backed by Saudi Arabia’s Public Investment Fund (PIF).

Speaking to AGBI, Luma’s Europe, Middle East and Africa head Jason Day said the company is currently hiring local staff and firming…