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AI CURATED HOT STORY · 11/2/2026

Aramco Acquires 49% Stake in AI Firm HUMAIN for $2.3B

1 reports archived1 independent sourcesupdated 11/2/2026, 08:44:35
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Saudi Aramco has acquired a 49% stake in AI startup HUMAIN, with PIF retaining the remaining 51%. The deal involves transferring key AI assets and injecting approximately 9.9 billion Saudi riyals (about $2.3 billion). Both shareholders will contribute resources to expand HUMAIN's operations and accelerate the integration of advanced AI capabilities into industrial applications.

LATEST/Saudi Aramco has acquired a 49% stake in AI startup HUMAIN, with PIF retaining the remaining 51%. The deal involves transferring key AI assets and injecting approximately 9.9 billion Saudi riyals (about $2.3 billion). Both shareholders will contribute resources to expand HUMAIN's operations and accelerate the integration of advanced AI capabilities into industrial applications.

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