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ConfirmedMarkets & deals01 Nov, 06:00 UTC

Aramco closes purchase of 49% of HUMAIN, adding about $2.6bn in cash; PIF keeps 51%

Argaam illustration for the PIF and Aramco HUMAIN transaction
Argaam

The joint statement says Aramco transfers AI, compute and digital assets plus about SAR 9.9 billion ($2.6 billion) in cash in 2026, and that HUMAIN plans 3 gigawatts of AI data-centre capacity by 2030; the valuation was not disclosed.

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