Saudi Aramco takes 49% stake in AI firm Humain for about $2.6 billion
Overview
Saudi Aramco is taking a 49 percent stake in Humain and contributing about $2.6 billion in 2026, along with its own AI technology, according to Aramco.
Humain was founded in May 2025 by the sovereign wealth fund PIF and builds data centers, cloud services and AI models, including the Arabic model ALLaM. It plans three gigawatts of data center capacity by 2030.
In September, Humain's CEO told Semafor that the company is strengthening data center protection amid the Iran war and that demand has not dropped.
Written by AI from the articles below · updated Nov 2, 7:00 AM ET
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- The DecoderNewsSaudi Aramco takes 49 percent stake in AI firm Humain with $2.6 billion deal
AISaudi Aramco is taking a 49 percent stake in Humain and contributing about $2.6 billion in 2026 along with its own AI technology, according to Aramco. Humain, founded in May 2025 by the sovereign wealth fund PIF, builds data centers, cloud services and AI models such as the Arabic model ALLaM, and plans three gigawatts of data center capacity by 2030. Humain's CEO told Semafor in September that it is strengthening data center protection amid the Iran war, and that demand has not dropped.
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