Saudi Aramco and Public Investment Fund Close Multi-Billion-Dollar Transaction to Accelerate Sovereign Artificial Intelligence Giant Humain
The Saudi Arabian Oil Company and the Public Investment Fund finalized a landmark transaction in which the Saudi Arabian Oil Company acquired a forty-nine percent stake in national artificial intelligence enterprise Humain through two point six billion United States dollars in cash contributions and strategic digital asset transfers, positioning the joint venture to develop three gigawatts of data center capacity by twenty thirty.