Saudi Firm Humain Eyes $2.5 Billion Fund to Build Data Centers

The Saudi artificial intelligence firm Humain is planning to raise between $2.5 billion and $3 billion from domestic and global investors. This fund is specifically designated for the construction and development of data centers across Saudi Arabia. This ambitious expansion aims to significantly enhance regional tech infrastructure and boost AI capabilities. The initiative is expected to drive innovation within the Kingdom by scaling the necessary physical infrastructure to support advanced artificial intelligence operations and services.