Wamda

Saudi Aramco acquires 49% of HUMAIN with $2.6 billion cash injection

Saudi Aramco has completed the acquisition of a 49% stake in Saudi artificial intelligence company HUMAIN, through a wholly owned subsidiary, while the Public Investment Fund (PIF) retains a controlling 51% stake. Under the transaction, Aramco will contribute approximately $2.6 billion (SAR 9.9 billion) in cash during 2026, alongside AI, computing and digital assets. Both shareholders will also contribute technology capabilities and talent to support HUMAIN's expansion. Launched in May 2025 by P

By Wamda

1 min read
Saudi Aramco acquires 49% of HUMAIN with $2.6 billion cash injection
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