Aramco closes acquisition of a 49% Humain stake

What happened

The November 1 announcement records the transaction’s closing, with Aramco holding 49% through a subsidiary and the Public Investment Fund retaining 51%. Aramco would contribute AI, compute and digital assets alongside approximately SAR 9.9 billion in cash during 2026. [1]

The cash contribution was not a disclosed valuation of the whole company. Humain’s three-gigawatt data-center goal for 2030 remained a plan, while Aramco expected to use its infrastructure for industrial AI applications. [1]