RIYADH: Artificial intelligence company Humain has reached an agreement with AirTrunk that will see a $3 billion investment for a data center campus in Saudi Arabia.
The Public Investment Fund-owned firm will work with the Asia-Pacific company, which is backed by the world’s largest alternative asset manager Blackstone and Canada Pension Plan Investment Board.
Under the deal, Humain will lead Saudi Arabia’s efforts to deliver large-scale AI-ready infrastructure, while Blackstone and AirTrunk will bring global expertise, operational excellence and investment capacity.
The deal aligns with Humain’s mandate to position the Kingdom as a global leader in artificial intelligence and reinforces its commitment to building best-in-class digital and AI infrastructure.
“Together with AirTrunk and Blackstone, Humain is strengthening the technological infrastructure that underpins the Kingdom’s digital economy,” said Tareq Amin, CEO of Humain.
