HUMAIN signs up to SAR 2.5 billion of financing with Saudi Arabia's National Infrastructure Fund for GPUs and grid connections
What changed
HUMAIN and the National Infrastructure Fund (Infra) announced on 9 November two financing agreements of up to SAR 2.5 billion (about US$667 million), signed in Riyadh on 8 November and the first under Infra's AI Data Center Financing Program. A GPU facility of up to SAR 1.1 billion (US$293.3 million) funds the purchase and deployment of GPUs representing about 25 MW of IT load. A second facility of up to SAR 1.4 billion (US$373.3 million) funds substations, transmission and grid connections for HUMAIN's data centres, designed to support up to 1 GW of IT capacity in future (a design capacity, not built). The deals follow non-binding terms of up to SAR 4.5 billion agreed at Davos in January 2026.
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