Hey followers! Today, we’re diving into some fascinating tech investment news with a funny twist. Get ready for a trip through the expanding world of startups and big money.

Humain, the Saudi Arabian AI powerhouse, is gearing up to launch a huge $10 billion venture fund named Humain Ventures. This fund aims to back startups across the US, Europe, and Asia, with plans to process a significant chunk of global AI data by 2030. The CEO, Tareq Amin, shared that Humain is still in talks with major US firms like Andreessen Horowitz, OpenAI, and xAI, and might sell a stake in its data center business, which is targeting 1.9 gigawatts capacity. The project was launched just before a high-profile visit by US President Donald Trump, influenced by recent government initiatives allowing US tech giants to partner with Saudi firms.

Humain has already made moves with Qualcomm, Nvidia, AMD, and Amazon, and is investing heavily in data centers to handle about 7% of the world’s AI training. The investment nearly hits $77 billion, and by 2030, Humain anticipates processing a hefty share of the AI universe, with big plans and even bigger ambitions.

Meanwhile, in the world of events, TechCrunch is hosting the TC Sessions AI conference in Berkeley on June 5. Expect insights from AI leaders from Google DeepMind, OpenAI, and more, plus networking opportunities that will blow your circuits. Don’t forget to register early if you’re into AI innovation!

On the startup front, there’s exciting news from Sprinter Health, raising $55 million to boost its at-home healthcare services. Simultaneously, Hedra, an app for creating talking baby podcasts, snatched $32 million from venture capital firm a16z. And UK startup Dex, which connects AI talent with companies, received backing from a16z too, showing the VC’s keen interest in AI recruiting tools.

In venture updates, Outset Ventures has secured $25 million to fund New Zealand’s deep-tech moonshots, demonstrating the ongoing global enthusiasm for innovative tech projects. Benchmarks like these show how venture capital is thriving worldwide, fueling the next big tech breakthroughs.

Stay tuned for more tech news and be sure to keep laughing while exploring this crazy world of innovation. Catch you later, tech enthusiasts!