HUMAIN secures $1.2 billion AI infrastructure financing
National Infrastructure Fund backs HUMAIN data centre expansion
#SaudiArabia #datacentres - Saudi Arabia sovereign wealth fund-backed AI company HUMAIN and government infrastructure financing partner National Infrastructure Fund (Infra) have announced a strategic financing framework agreement of up to $1.2 billion to advance AI and digital infrastructure development in the Kingdom. The agreement, announced on the sidelines of the World Economic Forum Annual Meeting 2026 in Davos, outlines non-binding financing terms for HUMAIN’s development of up to 250MW of hyperscale AI data centre capacity deploying leading-edge GPUs for AI training and inference. The parties also agreed to explore establishment of an AI data centre investment platform to facilitate participation by global and local institutional investors supporting HUMAIN’s infrastructure strategy.
SO WHAT? - The financing framework positions Saudi Arabia to respond to intensifying demand for advanced compute capacity as enterprises require increasingly sophisticated AI and data processing services. By structuring terms for hyperscale infrastructure development and creating pathways for institutional capital participation, the agreement demonstrates how the Kingdom is mobilising financing mechanisms to capture commercial opportunities in AI infrastructure whilst supporting Vision 2030 economic transformation objectives and accelerating private sector investment in foundational digital assets.
Here are some key details about the financing framework:
The Public Investment Fund’s full-stack AI group HUMAIN and and government infrastructure financing partner National Infrastructure Fund (Infra) have announced a strategic financing framework agreement of up to $1.2 billion to advance AI and digital infrastructure development in Saudi Arabia.
Infra is the Kingdom’s lead development financing partner for infrastructure, catalysing private sector investment to accelerate delivery of projects critical to Saudi Arabia’s social and economic transformation under Vision 2030.
The framework agreement outlines non-binding financing terms for HUMAIN’s development of up to 250MW of hyperscale AI data centre capacity, with facilities deploying leading-edge GPUs to support local, regional and global customers.
Infra and HUMAIN have agreed to explore establishment of an AI data centre investment platform anchored by the two organisations and structured to facilitate participation by global and local institutional investors.
Infra provides flexible financing offerings supporting infrastructure projects across all sectors, focusing on achieving Vision 2030 goals and supporting objectives of the Saudi Green Initiative.
The framework agreement demonstrates Infra’s role in partnering to accelerate delivery of infrastructure assets foundational to economic transformation and long-term productivity in the Kingdom.
HUMAIN’s end-to-end model serves public and private sector organisations, with a growing portfolio of sector-specific AI products and core mission focused on intellectual property development and global talent leadership.
HUMAIN has developed some of the world’s most advanced Arabic large language models, positioning the company for international competitiveness and technological excellence in AI model development.
ZOOM OUT - The National Infrastructure Fund financing framework adds to HUMAIN’s aggressive data centre expansion pipeline and infrastructure deals announced over the past year. It’s a $10 billion joint venture with AMD targets 6GW of capacity by 2034. The company’s partnership with NVIDIA will see it deploying up to 600,000 GPUs over three years. HUMAIN has also established a joint venture with stc group subsidiary center3 to develop 1GW of AI data centre capacity commencing with 250MW. It has a framework agreement with xAI to build a 500MW+ hyperscale facility, and has also partnered with Qualcomm Technologies to deploy 200MW of AI inference infrastructure in 2026.
[Written and edited with the assistance of AI]
Read more about HUMAIN’s AI infrastructure plans:
Stc subsidiary, HUMAIN launch AI infrastructure JV (Middle East AI News)
HUMAIN to deploy 600,000 NVIDIA GPUs (Middle East AI News)
HUMAIN partners with Global AI for US data infrastructure (Middle East AI News)
xAI to build 500MW Saudi AI data centre with HUMAIN (Middle East AI News)
HUMAIN, DataVolt to create multi-gigawatt DC pipeline (Middle East AI News)