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Aramco takes 49% of HUMAIN and puts in about $2.6bn of cash as the Saudi AI company targets 3 GW of data centres by 2030
What changed
PIF and Aramco said on 1 November 2026 that they have closed a deal in which an Aramco subsidiary acquires 49% of HUMAIN, with PIF keeping 51%. Aramco transfers AI, computing and digital assets and contributes about SAR 9.9 billion (US$2.6 billion) in cash to HUMAIN during 2026. The companies restate HUMAIN's plan to deploy 3 GW of AI data centre capacity by 2030, a company target rather than capacity in operation.
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Read the original: Aramco: Aramco takes 49% of HUMAIN and puts in about $2.6bn of cash as the Saudi AI company targets 3 GW of data centres by 2030 (opens in a new tab)
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