Saudi Aramco acquires 49% stake in Humain for $2.6 billion
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In May 2025, Saudi Arabia's sovereign wealth fund PIF founded the AI company Humain, whose business spans data centers and cloud services, and which is training the Arabic large language model ALLaM, with plans to build 3 GW of data center capacity by 2030. On November 2, 2026, Saudi Aramco announced the acquisition of a 49% stake in Humain, contributing approximately $2.6 billion in 2026 and investing its own AI technology. Affected by the war with Iran, Humain is strengthening data center protections, but reports say its demand has not declined. The deal has been announced, and the company continues to advance its data center construction and model training plans.
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- The DecoderSaudi Aramco takes 49 percent stake in AI firm Humain with $2.6 billion deal
Saudi Aramco announced it will acquire a 49% stake in Saudi AI firm Humain, contributing about $2.6 billion in 2026 along with its own AI technology. Humain was founded by sovereign wealth fund PIF in May 2025 to build data centers and cloud services and to train the Arabic-language model ALLaM, with plans to reach 3 GW of data center capacity by 2030; amid the Iran war, Humain is strengthening data center protection, but demand has not declined.
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