Saudi Aramco takes 49% stake in HUMAIN in $2.6 billion deal

Saudi Aramco said it has acquired a 49% stake in the AI company HUMAIN, while Saudi Arabia’s Public Investment Fund retains 51% ownership. The investment, completed through an Aramco subsidiary, includes about 9.9 billion Saudi riyals in cash contributions during 2026 along with AI, computing and digital assets, and is intended to expand HUMAIN and support Aramco’s industrial AI use.