AI · 2 Nov 2026 · 12:47 CET
Saudi Aramco takes 49 percent stake in AI firm Humain with $2.6 billion deal
Publisher preview · OZZZER analysis pending editorial review.
Saudi Aramco is buying into Humain, the company meant to turn Saudi Arabia into a global AI hub. According to Aramco, the oil giant is taking a 49 percent stake and contributing about $2.6 billion in 2026 along with its own AI technology. Humain was founded in May 2025 by the sovereign wealth fund PIF and builds data centers, develops cloud services, and trains AI models like the Arabic language…
Excerpt supplied by the publisher.
Source
THE DECODER · 2 Nov 2026 · 12:47 CET
Open the original at THE DECODER ↗