Saudi Aramco and Public Investment Fund Complete Major Artificial Intelligence Partnership Agreement Involving Humain Corporation
Saudi Aramco and the Public Investment Fund completed a multi-billion-dollar transaction in which Saudi Aramco acquired a forty-nine percent stake in the artificial intelligence enterprise Humain through a wholly owned subsidiary, with the Public Investment Fund retaining a fifty-one percent majority share. The agreement includes a cash contribution of nine point nine billion Saudi riyals—equivalent to approximately two point six billion United States dollars—alongside the transfer of advanced computing and digital technology assets to accelerate national artificial intelligence infrastructure and target three gigawatts of data center capacity by twenty thirty.