Saudi Aramco takes 49% stake in AI firm Humain with $2.6 billion deal
Original title: Saudi Aramco takes 49 percent stake in AI firm Humain with $2.6 billion deal
Saudi Aramco is investing $2.6 billion into Humain to build AI data centers and models like ALLaM.
Saudi Aramco is taking a 49% stake in Humain, the company building data centers, cloud services, and AI models including the Arabic language model ALLaM. The oil giant is contributing about $2.6 billion in 2026 along with its own AI technology. Humain plans to build three gigawatts of data center capacity by 2030 and serve demand both domestically and abroad. Through its investment arm Wa'ed Ventures, Saudi Aramco also holds a stake in Korean AI chip developer Rebellions.
- 49% stake taken by Saudi Aramco
- $2.6 billion contribution in 2026
- Three gigawatts data center capacity by 2030
- ALLaM Arabic language model trained
- Joint infrastructure with AMD and Cisco serving customers
- Vendors
- Saudi Aramco
- Products
- Humain
- Organizations
- PIFWa'ed Ventures
- Countries
- Saudi Arabia
- AI models
- ALLaM
From the original article
1 min read at the-decoder.com
Saudi Aramco is buying into Humain, the company meant to turn Saudi Arabia into a global AI hub. The article Saudi Aramco takes 49 percent stake in AI firm Humain with $2. 6 billion deal appeared first on The Decoder.
By Maximilian Schreiner · the-decoder.com
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