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Sunday, November 1UTC

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    HUMAINAramco and PIF HUMAIN transactionFunding & Deals

    Aramco closes 49% HUMAIN stake with $2.6 billion in planned cash contributions

    Aramco and Saudi Arabia’s Public Investment Fund say they closed a transaction giving Aramco 49% of HUMAIN and leaving PIF with 51%. Aramco says it will contribute AI, compute and digital assets plus about SAR 9.9 billion ($2.6 billion) in cash during 2026. The companies plan to develop AI infrastructure and applications; the 3-gigawatt data-center target is a 2030 plan, not capacity already operating.

    Aramco1 source

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