Business and InvestmentHigh importance
Aramco closes purchase of 49% of HUMAIN, Saudi Arabia's AI company, for about US$ 2.6 billion
Saudi sovereign wealth fund PIF and Aramco completed this Sunday (11/01) the deal in which the oil company takes 49% of HUMAIN and PIF keeps 51%. Aramco pays about 9.9 billion riyals (US$ 2.6 billion) in cash in 2026, in addition to transferring AI assets. HUMAIN aims to reach 3 GW of AI data centers by 2030.
Published in edition no. 4 of Noticiário do Joãozinho ·
Translated by Joãozinho AI from the original Brazilian Portuguese edition. Facts, numbers and sources are the same as in the original; quotes, video titles and source names stay in their original language. Read the original in Portuguese
Original source
AramcoArab News: details of the deal
https://www.aramco.com/en/news-media/news/2026/pif-and-aramco-close-humain-transaction-to-accelerate-humains-global-growth