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Source:
الوطن
PIF-Aramco HUMAIN Deal
The Public Investment Fund (PIF) and Saudi Aramco have completed Aramco’s acquisition, through a wholly owned subsidiary, of a 49% stake in HUMAIN, with PIF retaining a 51% stake. The transaction includes a cash contribution of approximately SAR 9.9 billion (US$2.6 billion) in 2026, alongside assets and capabilities in artificial intelligence, computing and digital technologies. The partnership aims to accelerate HUMAIN’s growth and develop an integrated AI ecosystem, as part of a plan to establish data centers with a capacity of 3 gigawatts by 2030.
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