HUMAIN, a company backed by Public Investment Fund (PIF), has announced a $3 billion investment in xAI. This investment is part of xAI’s Series E funding round and shows HUMAIN’s strong focus on investing in leading global technology companies.
The investment was made at an important time for xAI, just before it was acquired by SpaceX in early February. This timing gave HUMAIN the opportunity to invest before the major merger took place.
By combining xAI’s advanced AI technology with SpaceX’s large-scale infrastructure and engineering expertise, the new platform is expected to grow faster and create stronger long-term value. The partnership brings together powerful technology and strong operational capabilities.
After the Series E deal, HUMAIN became a significant minority shareholder in xAI. Later, its shares were converted into SpaceX shares after the merger. This gives HUMAIN long-term exposure to potential growth and value as SpaceX continues to expand.
“This investment reflects HUMAIN’s conviction in transformational AI and our ability to deploy meaningful capital behind exceptional opportunities where long-term vision, technical excellence, and execution converge. xAI’s trajectory, further strengthened by its acquisition by SpaceX, one of the largest technology mergers on record, represents the kind of high-impact platform we seek to support with significant capital,” says Tareq Amin, CEO of HUMAIN.
HUMAIN’s investment in xAI’s Series E round shows that it is a strong, long-term investor that supports companies at different stages of growth. HUMAIN focuses on four main areas: advanced data centres, high-performance computing and cloud systems, powerful AI models, and practical AI solutions for businesses.
This investment also builds on a major partnership announced in November 2025 at the U.S.-Saudi Investment Forum. Under this agreement, HUMAIN and xAI planned to develop more than 500 megawatts of next-generation AI data centre and computing infrastructure. They also agreed to introduce xAI’s Grok models in Saudi Arabia. These steps have strengthened their long-term partnership and made HUMAIN an important global shareholder in xAI.
In the future, HUMAIN plans to continue investing in artificial intelligence, advanced technologies, and important infrastructure projects.
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