Saudi Aramco acquires a 49% stake in AI startup Humain for $2.6 billion
Saudi Aramco has acquired a 49% stake in AI firm Humain for $2.6 billion in cash, with the transaction closing today. The Saudi Arabia Public Investment Fund (PIF) retains 51% ownership of Humain. The deal includes AI, compute, and digital assets contributed by both Aramco and PIF to accelerate Humain’s growth and…