The Public Investment Fund (PIF) and Aramco have signed a non-binding agreement for Aramco to buy a minority stake in HUMAIN, while PIF will keep majority ownership.
Under this plan, PIF and Aramco will combine their AI programs and assets through HUMAIN to speed up its growth and help make Saudi Arabia a global center for AI innovation and technology development.
Under this plan, both PIF and Aramco will bring their AI assets, expertise, and skilled teams together under HUMAIN. This will create a single national platform to boost innovation, investment, and global competitiveness in artificial intelligence.
Yazeed A. Al-Humied, Deputy Governor and Head of MENA Investments at PIF, said: “By combining PIF and Aramco’s AI assets under HUMAIN, we are fueling AI talent, innovation, and intellectual property, while aligning and accelerating future investment opportunities. This development further strengthens Saudi Arabia’s position as a globally competitive AI hub and places the country at the heart of reshaping the future of global AI.”
Amin H. Nasser, Aramco President and CEO, said: “Aramco’s planned investment in HUMAIN is expected to strengthen our leadership in industrial AI applications and digital solutions while accelerating the development of Saudi Arabia’s AI infrastructure. Aramco is well positioned to capture opportunities from rising energy demand linked to AI growth, using advanced technologies to enhance efficiency, reduce emissions, and sustain our global competitiveness.”
The partnership aims to bring together Saudi Arabia’s AI ecosystem by combining important assets from both organizations — including advanced data centers, AI models, and cloud systems.
HUMAIN, launched in May 2025, is building complete AI capabilities in four main areas: next-generation data centers, high-performance cloud infrastructure, advanced AI models (like ALLAM, one of the world’s strongest Arabic large language models) and AI solutions for government and industries.
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