Saudi Aramco and Public Investment Fund Complete Landmark Transaction Giving Aramco Forty-Nine Percent Stake in Artificial Intelligence Champion Humain
Saudi Aramco and the Public Investment Fund completed a major transaction in which Aramco acquired a forty-nine percent stake in artificial intelligence company Humain through a cash injection of approximately two billion six hundred million United States dollars and the transfer of key digital assets, while the Public Investment Fund retains fifty-one percent ownership to accelerate national technology capabilities and data center expansion targeting three gigawatts of capacity by twenty-thirty.