Humain partners with Canada’s Cohere, Uvera closes seed round, Boulevard Park is complete

Humain, Cohere strike AI infrastructure partnership

PIF-owned Humain and Canadian AI company Cohere are partnering on AI infrastructure, enterprise AI tools, and sovereign AI models, according to a statement. Humain will dedicate at least 50 MW of AI compute capacity to support Cohere’s next-generation foundation models, with the scope to expand over the coming five years. The capacity is expected to come online by 4Q 2027.

The sovereign AI piece: The two companies will develop Arabic-language and domain-specific foundation models, alongside enterprise AI applications targeting sectors including customer service, knowledge management, and business operations.

Why it matters: Cohere is the latest in a roster that includes Nvidia, AWS, AMD, Qualcomm, Cisco, Groq, and more to partner with Humain since its launch. The structure is consistent across these agreements: Humain provides compute capacity and market access and the partner brings model capability or implementation expertise. What Cohere adds that most others don’t is a direct Arabic-language model commitment. Humain already has its own Arabic Large Language Model, ALLAM, but the announcement does not say how the two initiatives will fit together.

New municipal projects for Al Baha

Al Baha welcomed a whole lot of housing and municipal projects during a visit by Housing and Municipalities Minister Majed Al Hogail, SPA reports. SAR 464 mn worth of municipal projects were inaugurated, covering roads, sidewalks, street lighting, flood mitigation, parks, and recreational facilities. Construction also kicked off for another SAR 873.5 mn worth of projects. Another 16 municipal investment projects were inaugurated, with expected revenues of SAR 284 mn.

On the housing side, SAR 185.7 mn worth of projects were inaugurated, including the Telal Al Baha development and projects in Baljurashi and Qilwa. Construction is also starting on SAR 150 mn in off-plan housing projects, while 19 homes were handed over to beneficiaries of the developmental housing program.

Uvera closes seed round

Deeptech startup Uvera raised an undisclosed sum in a seed round, which saw participation from Morgan Stanley Inclusive & Sustainable Ventures, LAB7, Core Vision, and strategic angel investors, according to a press release. The funding will be used to scale commercial deployments and further develop Uvera’s platform. LAB7 will also work with Uvera on its supply chain and traceability solutions.

Uvera? Founded in 2019 by Asrar Damdam, the company develops food preservation and supply chain solutions focused on extending the shelf life of fresh produce and tracking goods through the supply chain.

Boulevard Business Park is complete

Construction of the SAR 1 bn Boulevard Business Park in Riyadh’s Boulevard City has been completed, according to a post by General Entertainment Authority Chairman Turki Al Sheikh. The project includes nine office buildings offering more than 60k sqm of office space, over 1.3k parking spaces, retail areas, and corporate headquarters.

Riyadh sorely needs the office space. Grade A office occupancy in Riyadh stood at 98% as of 1Q 2026, with more than 780 multinational firms now operating regional headquarters in the capital. An additional 60k sqm won’t solve the shortage, but it adds supply to a market with almost none to spare.