Saudi's Humain secures up to $1.2 billion to expand AI infrastructure
Yahoo Finance·2026-01-21 11:23
ABU DHABI, Jan 21 (Reuters) - Saudi Arabia's National Infrastructure Fund and Humain, the kingdom's artificial intelligence company, announced a financing agreement of up to $1.2 billion on Wednesday to support the expansion of AI and digital infrastructure in the country. The agreement outlines non-binding financing terms for the development of up to 250 megawatts of AI data centre capacity to support Humain's customers, and was announced in Davos, Switzerland, according to a statement. The world' ...