🇸🇦Saudi Aramco announced plans for a 49% stake in AI company HUMAIN, with a SAR 9.9 billion injection planned this year.

Saudi Aramco announced the planned investment on November 1, according to a Financial_Express message citing CCTV Finance. The proposed ownership structure gives Aramco 49% of HUMAIN, while Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), retains 51%.

The report describes contributions of both cash and assets, with approximately SAR 9.9 billion to be injected during 2026. It also gives an approximate equivalent of RMB 17.5 billion and identifies AI computing infrastructure and digital assets as investment areas.

The stated purpose is to help HUMAIN expand and meet growing demand. The supplied report does not establish that the investment has closed, specify the cash-versus-assets split, or disclose hardware quantities, power capacity, valuation terms, or deployment milestones.