Saudi Aramco Acquires 49% of State-Owned Humain Developing AI Technologies
A minority stake in Saudi state-owned company Humain, established for AI development, has been transferred to Saudi Aramco. As part of the deal, the energy giant transferred AI and computing-related assets to Humain and will allocate approximately 9.9 billion riyals ($2.6 billion).
Aramco's stake in Humain amounted to 49%; 51% still belongs to the sovereign fund Pacific Investment Fund (PIF). Humain was founded in 2025 to develop AI technologies in Saudi Arabia.
Funding is expected to accelerate Humain's expansion and bring it closer to the status of a regional leader in AI. Aramco plans to apply the company's developments in its own operational activities.
By 2030, Humain intends to establish data centers in Saudi Arabia with a total capacity of approximately 3 GW. Additionally, the company is developing cloud platforms, large language models, and other AI-based solutions.
