HUMAIN과 Infra가 사우디 AI 인프라를 위해 6억 6,670만 달러 규모의 금융 지원에 합의했다.

Saudi Arabia's National Infrastructure Fund (Infra) and HUMAIN have signed financing agreements totaling up to $666.7 million (SAR 2.5 billion) for artificial intelligence (AI) infrastructure, according to a statement issued Monday. The financing covers computing hardware and grid infrastructure for HUMAIN data centers.

**Computing and power**

"Through these agreements, we aim to unlock investment well beyond Infra's own commitment," said Esmail bin Mohammed Alsallom, CEO of Infra, in a statement dated November 9.

One facility of up to $293.3 million (SAR 1.1 billion) will fund the purchase and deployment of graphics processing units (GPUs), representing about 25 megawatts of information technology (IT) load.

A second facility, worth up to $373.3 million (SAR 1.4 billion), will finance substations, transmission infrastructure, and grid connections for HUMAIN data centers in Saudi Arabia.

According to the statement, the planned power infrastructure is designed to support future data center development with up to one gigawatt of IT capacity.

Infra said the investment is intended to help prepare a wider pipeline of data center projects for financing and to attract developers, hyperscalers, and institutional investors.

Alsallom said commercial viability and economic value would guide Infra's deployment of capital, and that the partnership is intended to draw more private and institutional financing into local AI infrastructure.

Tareq Amin, CEO of HUMAIN, said the facilities would accelerate the deployment of advanced computing capacity and "the power infrastructure required to support it."

**Financing framework**

The facilities are the first transactions announced under Infra's AI Data Center Financing Program, according to the statement.

In January 2026, Infra and HUMAIN announced a strategic financing framework at Davos outlining nonbinding terms of up to $1.2 billion (SAR 4.5 billion) for AI and digital infrastructure projects in Saudi Arabia.

The two financing agreements were signed in Riyadh on November 8.

**Ownership structure**

HUMAIN, a Saudi AI company launched in May 2025, is owned by the Public Investment Fund (PIF) and Aramco following the completion of an ownership transaction announced on November 1. PIF retained a 51% stake, while a wholly owned Aramco subsidiary acquired the remaining 49%, according to a statement published by PIF.

The transaction involves about $2.6 billion (SAR 9.9 billion) in cash contributions from Aramco to HUMAIN during 2026, alongside AI, computing, and digital assets.

PIF said HUMAIN is developing capabilities across data centers, computing infrastructure and cloud platforms, advanced AI models, and AI applications and industry solutions. The model portfolio covers ALLAM, a multimodal Arabic large language model (LLM), according to PIF.

**What to watch for**

HUMAIN plans to deploy 3 gigawatts of AI data center capacity by 2030 to meet regional and global demand for computing, PIF said in early November.