Aramco closes $2.6bn deal for 49% stake in Humain
- Saudi Aramco has finalized a $2.6 billion acquisition of a 49 percent stake in AI company Humain, enhancing its technological capabilities in the AI sector.
- The Public Investment Fund (PIF) retains a 51 percent stake in Humain, with the deal involving cash contributions and Aramco's provision of AI and digital assets.
- Humain plans to deploy 3 gigawatts of AI data centre capacity by 2030, expanding its operations across computing infrastructure and industry solutions.
