Saudi's Humain invested $3 billion in xAI's Series E funding round
Published on: Feb. 18, 2026, 7:46 p.m. | Source: The Economic Times
Saudi Arabia is boosting its artificial intelligence ambitions as it seeks to capitalize on the growing demand for compute capacity and diversify revenue sources away from oil. The investment builds on the partnership announced between Humain and xAI in November at the U.S.-Saudi Investment Forum where both firms said they would jointly develop 500 megawatts of AI data center infrastructure.
