Saudi Aramco acquires 49% stake in AI company Humain for $2.6 billion
Saudi Aramco announces the acquisition of a 49% stake in Humain, investing approximately $2.6 billion in 2026 and providing its own AI technology. Founded by sovereign fund PIF in May 2025, Humain is building data centers, cloud services, and training the Arabic model ALLaM, with plans to complete a 3 GW data center capacity before 2030. The Iran war has prompted the company to strengthen data center security, but demand has not declined.
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