Humain, the AI company owned by Saudi Arabia’s Public Investment Fund and launched in May 2025 under Crown Prince Mohammed bin Salman, is reportedly working to establish a fund of up to $3 billion dedicated to expanding its data center footprint. The company’s stated goal is 6 GW of AI data center capacity by 2034, with an interim target of 1.9 GW by 2030, having already secured land access for up to 14 GW of power across 211 plots. On the financing side, Humain locked in a $1.2 billion framework with the National Infrastructure Fund in January 2026, while Goldman Sachs is advising on a separate financing package potentially exceeding $5.33 billion. Among key partnerships, Humain committed $3 billion to Elon Musk’s xAI and struck a deal with Blackstone-backed AirTrunk on a $3 billion data center campus, while also developing its own Arabic-language model called Allam.
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