Home
Storia in 3 fonti
PIF’s Humain invests $3bn in Elon Musk’s xAI prior to SpaceX acquisition
JEDDAH: Humain, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund, invested $3 billion in Elon Musk’s xAI shortly before the startup was acquired by SpaceX. As part of xAI’s Series E round, Humain acquired a significant minority stake in the company, which was subsequently converted into shares of SpaceX, according to a press release. The transaction reflects PIF’s broader push to position Saudi Arabia as a central hub in the global AI ecosystem, as part of its Vision 2030 diversification strategy.
- ·
arabnews.com
PIF’s Humain invests $3bn in Elon Musk’s xAI prior to SpaceX acquisition
JEDDAH: Humain, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund, invested $3 billion in Elon Musk’s xAI shortly before the startup was acquired…
- ·
ft.com
Saudi Arabia’s AI venture Humain invests $3bn in Elon Musk’s xAI
Investment that deepens ties with billionaire is part of country’s goal to diversify economy
- ·
cnbc.com
Saudi's Humain invested $3 billion in xAI's Series E funding round
The investment made Humain a "significant" minority shareholder, with its xAI holdings converted into SpaceX shares, it said.