{"id":109537,"date":"2026-06-03T00:00:00","date_gmt":"2026-06-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/?p=109537"},"modified":"2026-06-03T03:18:58","modified_gmt":"2026-06-03T03:18:58","slug":"humain-nvidia-partner-in-autonomous-transport-stock-fraud-lawsuit-against-raydan-board-members","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2026\/06\/03\/humain-nvidia-partner-in-autonomous-transport-stock-fraud-lawsuit-against-raydan-board-members\/","title":{"rendered":"Humain, Nvidia partner in autonomous transport + Stock fraud lawsuit against Raydan board members"},"content":{"rendered":"

\n

Humain-Nvidia alliance steps into autonomous transport<\/p>\n

Humain<\/strong> is partnering with Nvidia to support the <\/strong>development of Saudi <\/strong>Arabia\u2019s autonomous transport ecosystem<\/strong>, according to a post on X<\/a>. Nvidia\u2019s Drive Hyperion platform will provide the infrastructure, AI capabilities, and operational scale needed to deploy Level 4 autonomous vehicles across the Kingdom.<\/p>\n

Level 4? <\/strong>Level 4 autonomous vehicles can drive themselves without human input within designated areas or operating conditions, handling all driving tasks and safely stopping if they encounter a situation they can\u2019t manage. The technology is commonly used for robotaxis, shuttles, and logistics vehicles operating in mapped or controlled environments, similar to the ongoing WeRide-Uber robotaxi<\/a> pilot operating in Riyadh. <\/p>\n

Humain + Nvidia go way back:<\/strong> Humain joined<\/a> forces with Nvidia in May 2025, straight after its launch, to develop 500 MW of AI data centers over five years. They expanded their collaboration in November after the US Commerce Department approved<\/a> sales of advanced AI semiconductors to the Kingdom, providing Humain with access to GB300 processors. <\/p>\n

\n

Investor files suit against Raydan board<\/p>\n

CMA <\/strong>approves c<\/strong>lass<\/strong> action suit against Raydan Food:<\/strong> The Capital Market Authority approved the registration of a class action lawsuit filed by an investor against certain members of Raydan Food Company\u2019s board of directors and audit committee, according to a statement<\/a>. <\/p>\n

What for? <\/strong>The suit alleges the accused created a misleading impression regarding the company\u2019s stock value by ignoring accounting standards, approving financial statements known to contain violations, failing to assess investment impacts, and failing to report asset losses.<\/p>\n

A 90-day window:<\/strong> Investors who held shares between 29 March 2019 and 30 March 2022 have 90 days to apply to join the class action suit.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nvidia\u2019s Drive Hyperion platform will provide the 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