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Saudi Aramco is acquiring a 49% stake in HUMAIN, the Saudi AI company, from PIF in a $2.6 billion deal, with PIF retaining 51%.
This sizable state-backed capital injection signals heavy Gulf investment in sovereign AI infrastructure and raises HUMAIN's capacity to fund large compute builds.
Trade pressSlicast · November 1, 2026 at 13:55 UTC · US · Source: Arabian Business
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