Saudi Aramco takes 49% stake in AI firm Humain, commits $2.6 billion
Technology The Economic Times 1 day ago

Saudi Aramco takes 49% stake in AI firm Humain, commits $2.6 billion

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Saudi Aramco has announced its acquisition of a 49 percent stake in the AI company Humain. This investment aims to accelerate Humain's growth and advance its AI capabilities both regionally and globally. The Public Investment Fund will retain a 51 percent ownership in Humain. Additionally, Aramco plans to inject approximately 9.9 billion Saudi riyals into the company this year.

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