Aramco Closes $2.6bn Deal for 49% Stake in Humain

Oil giant Aramco takes 49% stake in Saudi AI company

Aramco will inject about US$2.6 billion in cash and assets into Humain as the AI firm seeks to expand its capabilities and meet rising demand.

Saudi Aramco takes 49% stake in AI firm Humain, commits $2.6 billion

Saudi Aramco has announced its acquisition of a 49 percent stake in the AI company Humain. This investment aims to accelerate Humain's growth and advance its AI capabilities both regionally and globally. The Public Investment Fund will retain a 51 percent ownership in Humain. Additionally, Aramco plans to inject approximately 9.9 billion Saudi riyals into the company this year.

Aramco closes $2.6bn deal for 49% stake in Humain

RIYADH: Saudi Aramco has completed its acquisition of a 49 percent stake in artificial intelligence company Humain, formalising an agreement first announced in October 2025, in a transaction involving approximately SR9.9 billion ($2.6 billion) in cash contributions during 2026. The Public Investment Fund retains a 51 percent stake in Humain, while Aramco holds its interest through a wholly owned subsidiary. The transaction also involves Aramco c…

Aramco buys 49% stake in AI firm Humain for $2.6B

Saudi Arabia's Public Investment Fund (PIF) and oil giant Aramco have completed a transaction under which the latter acquired a 49% stake in artificial intelligence company HUMAIN for $2.6 billion, wi...