AI
HUMAIN acquires Riyadh cloud and AI firm CNTXT
Two days after Aramco took 49% of HUMAIN, the PIF company bought an enterprise services business. Terms were not disclosed.
From the archiveHUMAIN, the AI company owned by the Public Investment Fund and Aramco, has acquired CNTXT, a Riyadh-based cloud and AI services company founded in 2022. Financial terms and the ownership structure were not disclosed.
CNTXT provides cloud migration and managed cloud, data and analytics, cybersecurity and integration services to public and private organisations. Its products, staff and customer contracts will be folded into HUMAIN's platform as an application layer for enterprise clients.