AI
Aramco takes 49% of HUMAIN with a $2.6bn cash contribution
The Public Investment Fund keeps 51% of the AI company it launched in May 2025.
From the archiveSaudi Aramco, through a wholly owned subsidiary, has acquired a 49% stake in HUMAIN, the AI company launched by the Public Investment Fund in May 2025. PIF retains the remaining 51%.
Aramco will contribute about SAR 9.9bn ($2.6bn) in cash during 2026, along with AI, computing and digital assets. HUMAIN builds data centres, cloud platforms and AI models, including the Arabic-language model ALLaM, and targets 3 gigawatts of data centre capacity by 2030.