HUMAIN Unveils Ambitious $10B AI Fund to Shake Global Tech Scene

Malaz Madani

Last updated 29-05-2025

2 min

Saudi firm HUMAIN plans a $10 billion fund targeting global AI innovators.

They're engaging tech leaders like Andreessen Horowitz, OpenAI, and Elon Musk's xAI.

HUMAIN aims to manage 7% of AI training tasks globally by 2030.

They've struck big deals with Nvidia, AMD, Qualcomm, and Amazon to enhance Saudi AI infrastructure.

Speculation exists around selling datacentre stakes to interested American companies.

There's a big buzz in the tech world this week as Saudi firm HUMAIN reportedly plans to launch a $10 billion investment fund focusing on artificial intelligence. Their sights are set firmly on AI innovators across the US, Europe and Asia, showing they're not messing about when it comes to making their mark on the global AI stage.

HUMAIN is already chatting to some of the most influential tech voices in America—including major players like Andreessen Horowitz, OpenAI and Elon Musk's xAI—to pitch their vision and drum up support for the ambitious new fund.

But it seems HUMAIN's bigger goal stretches much further than a single fund. A bold target is already on the table — the company wants to handle around 7% of the world's total AI training and inference tasks by the end of this decade. To put that into perspective, this aim is part of a broader initiative estimated at a whopping $77 billion by 2030.

And they haven't been wasting any time. Arageek readers might recall that just weeks ago, Saudi Arabia’s Public Investment Fund (PIF) officially launched HUMAIN, immediately making big waves with some seriously hefty deals with tech giants Nvidia, AMD, Qualcomm, and Amazon. These partnerships are intended to bolster Saudi's AI infrastructure and build state-of-the-art data centres throughout the country.

Interestingly enough, a few whispers coming from industry insiders suggest HUMAIN might even be considering flogging a stake in their datacentre operations to interested American giants. It appears the tech titans in Silicon Valley will be watching developments very closely indeed.

I wonder whether other AI-centric companies across Europe and Asia are already preparing their pitch decks to catch the eye of HUMAIN's huge new fund. Whatever happens next, one thing is clear: HUMAIN means business, and the race to dominate the future of AI is seriously heating up.

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