The global AI landscape shifted this week as HUMAIN, the AI powerhouse owned by Saudi Arabia’s Public Investment Fund (PIF), finalized a $3 billion strategic investment in xAI. The deal, part of a massive Series E round, closed just prior to xAI’s historic acquisition by SpaceX. This transaction transforms HUMAIN into a significant minority shareholder of the newly expanded SpaceX entity. The move represents a definitive pivot for the PIF, moving away from traditional assets toward high-velocity, frontier technology platforms.
Strategic Equity and the SpaceX Integration
The investment represents one of the largest capital deployments in the MENAP region’s tech history. By participating in xAI’s final standalone financing round, HUMAIN secured a front-row seat to the integration of Elon Musk’s AI and aerospace empires.
- Equity Conversion: HUMAIN’s $3 billion xAI holdings have been officially converted into SpaceX shares.
- Vertical Integration: The merger combines xAI’s advanced models with SpaceX’s planetary-scale infrastructure and engineering.
- Long-Term Upside: HUMAIN now holds a strategic position in a uniquely diversified platform. It’s capable of deep technological integration across multiple sectors.
Powering the 500MW Saudi AI Spine
This investment is the financial cornerstone of a massive operational partnership. In November 2025, HUMAIN and xAI committed to a landmark infrastructure build-out in Saudi Arabia, aiming to turn the Kingdom into a global hub for AI inference and training.
Infrastructure Milestones:
- 500MW Compute: Joint development of next-generation AI data centers and high-performance compute infrastructure.
- Grok Deployment: Integration of xAI’s Grok models across the Saudi Arabian technological ecosystem.
- Full-Stack Capability: HUMAIN continues to deliver across data centers, cloud platforms, and transformative AI solutions.
HUMAIN’s Four Core Pillars
Under the leadership of CEO Tareq Amin, HUMAIN is reinforcing its role as a scaled, long-term strategic investor. The company’s strategy is built upon four specific areas of AI dominance:
- Next-Generation Data Centers: Building the physical foundations for high-density compute.
- Cloud Platforms: Providing the high-performance infrastructure required for global scale.
- Advanced AI Models: Partnering with frontier firms like xAI to deploy world-class LLMs.
- Transformative Solutions: Implementing AI across government and commercial sectors to drive efficiency.
The Vision for Frontier Technology
This $3 billion bet reflects HUMAIN’s conviction in “transformational AI.” By backing Musk’s mission-driven engineering, HUMAIN ensures that the Middle East is not just a consumer of AI, but a foundational partner in its global expansion. Looking ahead, the company plans to pursue additional investments across critical infrastructure and frontier technologies, cementing its position as a leading global shareholder in the AI revolution.