Saudi Aramco acquired a 49 percent stake in state-backed AI firm Humain for $2.6 billion (9.9 billion riyals) in cash, compute, and digital assets, while Saudi Arabia's Public Investment Fund retains 51 percent. Founded in May 2025, Humain aims to deploy 3 gigawatts of data center capacity by 2030 and developed the Arabic LLM ALLaM. Aramco CEO Amin H. Nasser noted AI has driven $11.3 billion in value for Aramco since 2023.
Saudi Aramco's investment in Humain
- ▪Saudi Arabia's Public Investment Fund will retain a 51 percent majority stake in Humain following Saudi Aramco's $2.6 billion investment
- ▪Saudi Aramco announced that it acquired a 49 percent stake in state-backed AI company Humain
- ▪Saudi Aramco had been planning to acquire a minority stake in Humain for at least a year prior to the November 2026 stake acquisition announcement
Saudi Aramco's AI adoption and value
- ▪Saudi Aramco President and CEO Amin H. Nasser stated that AI initiatives have generated $11.3 billion in tech-related value for the company since 2023
- ▪Saudi Aramco plans to deploy Humain's technology across its own operations and generate additional revenue by commercializing its internal AI solutions
Humain's AI infrastructure and development
- ▪Humain plans to deploy three gigawatts of AI data center capacity by 2030 to serve domestic and international AI compute demand
- ▪Humain develops cloud platforms and infrastructure, and trained the Arabic-language large language model ALLaM
- ▪Saudi Arabia launched Humain through the Public Investment Fund in May 2025 as part of economic diversification efforts to establish a regional and global AI hub
Iran war impact on Humain
- ▪Humain has not experienced any drop in customer demand despite the ongoing Iran war
- ▪Humain CEO Tareq Amin stated in September 2026 that the company is enhancing data center security modeled after Saudi Aramco's oil infrastructure protection amid the Iran war
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