Noesion Radarnoesion.ai
Market2026-11-01

The Public Investment Fund and Saudi Aramco completed Aramco’s acquisition of a 49% stake in HUMAIN. PIF retains 51% ownership. Aramco will inject SAR 9.9 billion in cash and transfer AI, computing, and digital assets to HUMAIN. The deal aims to build an integrated AI ecosystem in Saudi Arabia. HUMAIN plans to expand its data center capacity to 3 gigawatts by 2030. Aramco will use HUMAIN’s AI capabilities for its industrial operations. HUMAIN also develops the ALLAM large multimodal model for Arabic. The partnership supports Saudi Arabia’s broader AI and digital economy strategy.

What changed

HUMAIN was fully owned by the Public Investment Fund.

What it unlocks

Aramco gains access to HUMAIN's AI infrastructure and solutions for industrial deployment.

  • 49% stake in HUMAIN
  • SAR 9.9 billion cash injection
  • 3 gigawatts data center capacity by 2030

Sources

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