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Aramco Buys Humain Stake

Aramco Buys Humain Stake

Saudi Aramco has completed its acquisition of a 49% stake in AI company Humain through cash contributions valued at 9.9 billion riyals ($2.6 billion) during 2026, alongside the transfer of assets in AI, computing, and digital technologies. The Public Investment Fund will retain its 51% majority stake, with both parties sharing oversight of the company’s growth and business expansion. The deal supports Humain’s plans to develop data centers with capacity of up to 3 gigawatts by 2030, while enabling Aramco to deploy its infrastructure and solutions in industrial applications.

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