In a bold move to cement its place in the global AI ecosystem, Humain, Saudi Arabia’s state-owned AI company, is preparing to launch Humain Ventures, a massive $10 billion venture capital fund aimed at investing in cutting-edge startups across the U.S., Europe, and Asia.
This strategic initiative was revealed by Tareq Amin, CEO of Humain, in a report by Financial Times, marking a pivotal moment for Saudi Arabia’s growing role in the global tech and AI space.
What’s the Big Idea?
Humain Ventures is more than just a fund—it’s a signal of Saudi Arabia’s ambition to become a serious player in the future of artificial intelligence. The fund will target high-potential startups developing breakthrough technologies in AI, data infrastructure, and computing.
Investment Focus: Startups based in
- United States
- Europe
- Asia
Industry Targets:
- AI and Machine Learning
- Data Center Technology
- Advanced Computing
Talking to the Big Names
According to Amin, Humain is already in talks with major U.S. firms, including:
- Andreessen Horowitz
- OpenAI
- Elon Musk’s xAI
The company is also exploring equity partnership deals in its data center business with leading U.S. firms, though Amin declined to name them, calling them “massive names in the data center segment.”
This approach blends capital deployment with strategic alliances, a model that could supercharge Saudi Arabia’s ability to absorb and scale next-generation AI technologies.
Building an AI Superpower
Humain may be new to the scene—it launched just this month—but it’s wasting no time making big moves. Backed by Saudi Arabia’s vast Public Investment Fund (PIF), Humain has already:
- Partnered with top tech giants:
- âś… Qualcomm
- âś… Nvidia
- âś… AMD
- âś… Amazon
- Plans to build 1.9 GW of data center capacity by 2030
- Goal: Process 7% of global AI training and inferencing by that same year
- Estimated cost: A staggering $77 billion
These investments will position Saudi Arabia as a major hub for AI computing, infrastructure, and innovation on a global scale.
U.S. Ties Strengthen
Humain’s ambitions are also aligned with broader geopolitical shifts. As part of a new initiative from the Trump administration, American tech giants such as Nvidia and AMD have been cleared to strike deals with Saudi companies—opening the door to deeper U.S.-Saudi tech collaboration.
Why this Matters
Humain’s $10 billion fund signals more than just financial clout—it reflects a strategic, future-forward bet on AI as a cornerstone of economic diversification. With this move, Saudi Arabia is not just investing in startups—it’s investing in its place at the center of the AI-powered world.
As Humain Ventures gets ready to launch, the global tech scene will be watching closely.