AI Summary
HUMAIN and Infra agreed to explore the establishment of an AI data center investment platform
HUMAIN and the National Infrastructure Fund (Infra) today announced a strategic financing framework agreement of up to $1.2 billion (SAR 4.4 billion) to support the expansion of AI and digital infrastructure projects in Saudi Arabia.
The agreement was signed on the sidelines of the World Economic Forum (WEF) annual meeting 2026 in Davos, Switzerland.
The framework agreement outlines non-binding financing terms for HUMAIN’s development of up to 250 MW of hyperscale AI data center capacity.
In addition, Infra and HUMAIN have agreed to explore the establishment of an AI data center investment platform. This would be anchored by the two organizations and structured to facilitate participation by global and local institutional investors, HUMAIN said in a statement.
According to Argaam data, Crown Prince Mohammed bin Salman launched in May 2025 HUMAIN, a new PIF-owned company that aims to become a global leader in AI.
In the same month, Amazon Web Services (AWS) and HUMAIN announced plans to invest more than $5 billion in a strategic partnership to build a groundbreaking “AI Zone” in the Kingdom.
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