Saudi AI Firm Humain Launches $10B Global Venture Fund

Saudi Arabia’s state-owned AI company, Humain, is making waves with its ambitious plan to launch a $10 billion venture capital fund named Humain Ventures. This fund aims to invest in promising startups across the United States, Europe, and Asia, signaling a significant push by Saudi Arabia into the global AI ecosystem.

Humain’s CEO, Tareq Amin, revealed that the company is in active discussions with major U.S. tech firms, including Andreessen Horowitz, OpenAI, and Elon Musk’s xAI. These talks also extend to potential equity partnerships involving Humain’s data center business, with unnamed but “massive” players in the data center segment.

The launch of Humain coincided with a visit by then-U.S. President Donald Trump and his tech allies, under a new initiative that eased restrictions on U.S. tech suppliers like Nvidia and AMD to engage with Saudi firms. Humain has already secured deals with Qualcomm, Nvidia, AMD, and Amazon, aiming to build 1.9 gigawatts of data center capacity by 2030.

This infrastructure is designed to process 7% of the world’s AI training and inferencing workloads by 2030, a staggering target that underscores Saudi Arabia’s commitment to becoming a major AI hub. The overall investment for this endeavor is projected at approximately $77 billion, reflecting the scale and ambition behind Humain’s vision.

Why This Matters to the Global AI Landscape

Humain’s $10 billion fund and data center expansion represent a strategic move to integrate Saudi Arabia into the heart of AI innovation. By investing across multiple continents and partnering with leading tech firms, Humain is positioning itself as a global AI powerhouse. This initiative could accelerate AI development, create new startup ecosystems, and shift the balance of AI infrastructure worldwide.

For startups and investors, this fund opens new avenues for capital and collaboration, especially in AI-driven sectors. For governments and tech leaders, it signals the growing importance of cross-border partnerships in AI development and infrastructure.

Looking Ahead

As Humain Ventures begins deploying its capital, the AI startup landscape across the US, Europe, and Asia could see significant shifts. The company’s data center ambitions also highlight the critical role of infrastructure in supporting AI’s exponential growth. Watching how these investments unfold will be key for anyone tracking AI innovation and global tech dynamics.