Saudi AI company Humain has begun preparations for its IPO, after its CEO Tareq Amin announced he was assembling a team of experts to help lay the groundwork for its listing.
While he did not specify a date, Amin told the Future Investment Initiative conference last October that his aim was to list Humain in both Saudi Arabia and New York by 2029.
Since its launch last year, Humain has secured deals and partnerships with xAI, Nvidia, Amazon Web Services, Adobe and Cisco, to name a few.
Those achievements have been underpinned by finance from Saudi Arabia’s $900 billion Public Investment Fund which established Humain in May 2025 as the key engine for delivering its AI ambitions.
The pursuit of an IPO marks a notable shift for a company whose growth so far has largely been funded by state capital.
