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Aramco takes 49% of PIF-backed AI firm Humain, adding $2.6B cash
GamesBeat reports Saudi Aramco took a 49% stake in Humain, contributing about $2.6 billion in 2026 cash plus AI assets, while the Public Investment Fund keeps 51%.
- Our desk updated its story
Saudi Aramco has taken a 49% stake in Humain, a Public Investment Fund-backed artificial intelligence company, contributing about $2.6 billion in cash in 2026 plus AI, compute and digital assets, GamesBeat reported Sunday1.
The Public Investment Fund retains 51% of Humain, and Aramco holds its stake through a wholly owned subsidiary, according to the report1.
GamesBeat said the companies described the deal as speeding Humain's growth and its full-stack AI plans, from data centers and compute to models and industry applications, including data-center capacity by 20301.
Humain launched in May 2025 and is building data centers, cloud platforms, models including ALLAM, an Arabic multimodal language model, and other AI products, the report said1.
Aramco President and Chief Executive Amin H. Nasser said, "AI will therefore play a vital role in the future of business"1.
The cash piece is about 9.9 billion Saudi riyals ($2.6 billion) in 2026, on top of the transferred assets, the report said1.
Independent confirmation of closing terms beyond the GamesBeat account was not included in this filing1.
