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Saudi Aramco Takes 49 Percent Stake in Humain With $2.6 Billion Investment

1 reports 1 reporting sources Updated 2 hours ago

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Saudi Aramco said it is taking a 49 percent stake in AI company Humain, contributing about $2.6 billion in 2026 along with its own AI technology. Aramco plans to use the technology in its operations and generate additional revenue by selling its own AI solutions. Founded by Saudi Arabia’s Public Investment Fund in May 2025, Humain plans to build three gigawatts of data center capacity by 2030 to serve domestic and international demand.

Generated by AI from reports · Updated 2 hours ago

Latest development11/2 19:47 (UTC+8)
Saudi Aramco takes 49 percent stake in AI firm Humain with $2.6 billion dealThe Decoder

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  1. The Decoder
    Saudi Aramco takes 49 percent stake in AI firm Humain with $2.6 billion deal

    Saudi Aramco is taking a 49 percent stake in Humain, contributing about $2.6 billion in 2026 along with its own AI technology, according to Aramco. Founded by PIF in May 2025, Humain plans to build three gigawatts of data center capacity by 2030 and serve domestic and international demand. Aramco plans to use the technology in its operations and generate additional revenue by selling its own AI solutions.

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