📢 Daily Ai News Drop

🌐 Top AI News: Saudi Arabia Launches Humain AI Company under Public Investment Fund

On May 12, 2025, Saudi Arabia’s Crown Prince Mohammed bin Salman announced the launch of Humain, a new AI-focused company under the Public Investment Fund aimed at advancing AI infrastructure, data centers, and next‐generation Arabic large language models. This initiative aligns with the kingdom’s broader strategy to diversify its economy away from oil and position itself as a global hub for AI innovation, leveraging PIF’s $940 billion in assets.

🛠️ Cool AI Case Study: JPMorgan’s Coach AI Tool Boosts Sales and Client Acquisition

JPMorgan Chase reported that its proprietary Coach AI tool significantly enhanced performance during April 2025’s market turmoil by providing real-time research retrieval and personalized client responses—capabilities that proved crucial amid historic volatility. As a result, the bank saw a 20 percent increase in asset and wealth management sales between 2023 and 2024, and projects that advisers using Coach AI could grow their client bases by 50 percent within five years.

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