The state company Humain from Saudi Arabia has announced the launch of a powerful $10 billion venture fund aimed at investing in artificial intelligence startups in the US, Europe, and Asia.
This is reported by Business • Media
Global ambitions and strategic partners of Humain
Humain’s CEO Tarek Amin stated that the company is already in negotiations with leading technology players, including OpenAI, xAI, and the venture fund Andreessen Horowitz. In addition to direct investments in startups, Humain is considering the possibility of partially selling stakes in its own data centers to American companies. Amin emphasized that negotiations are ongoing with the largest entities operating in the data processing sector, and strategic partnerships and asset exchanges in the field of AI infrastructure are actively being discussed.
“Humain is actively discussing strategic cooperation and asset exchange in the field of AI infrastructure.”
Plans for infrastructure development and investments in leading technologies
The Humain project was officially presented in early May 2025, ahead of the visit of US President Donald Trump and representatives of technology companies to Riyadh. Against the backdrop of new initiatives from the US administration, microchip manufacturers, including Nvidia and AMD, have been allowed to collaborate with Saudi companies.
Currently, Humain has already established partnership agreements with giants such as Nvidia, AMD, Amazon, and Qualcomm. By 2030, the company intends to create 1.9 GW of data center capacity, which will enable it to support up to 7% of the global load for training and operating artificial intelligence models. The total budget for this large-scale investment program is estimated at $77 billion.
- The Saudi company is entering the global venture market with a record fund.
- Negotiations are underway with key players in the AI industry, including OpenAI and xAI.
- By 2030, Humain plans to provide 7% of the global infrastructure for AI.