Saudi Aramco takes 49 percent stake in AI firm Humain with $2.6 billion deal

Aramco is taking a 49 percent stake in Humain, the company founded in May 2025 by Saudi sovereign wealth fund PIF, and contributing about $2.6 billion in 2026 along with its own AI technology. Humain builds data centers, develops cloud services and trains models such as the Arabic language model ALLaM, and plans three gigawatts of data center capacity by 2030. CEO Tareq Amin told Semafor in September that Humain is strengthening data center protection amid the Iran war, with no drop in demand.