How HUMAIN's US$3bn xAI Investment Secures Saudi's AI Goals

HUMAIN, the PIF company supercharging Saudi Arabia’s AI innovation, is now a significant minority shareholder of the world’s most valuable private company.

The firm has committed a whopping US$3bn to Elon Musk’s xAI in a Series E funding round ahead of its merger with SpaceX.

The move highlights HUMAIN’s strategic investment goals, which are putting it at the epicentre of technological reform. 

Tareq Amin, CEO of HUMAIN, says: “This investment reflects HUMAIN’s conviction in transformational AI and our ability to deploy meaningful capital behind exceptional opportunities where long-term vision, technical excellence and execution converge.

"xAI’s trajectory, further strengthened by its acquisition by SpaceX – one of the largest technology mergers on record – represents the kind of high-impact platform we seek to support with significant capital.”

HUMAIN and xAI's infrastructure partnership

HUMAIN’s xAI investment has seen its holdings converted into SpaceX shares, seating HUMAIN comfortably at the table for a long-term equity upside. 

The investment is built on an existing relationship between the organisations, which partnered to jointly develop critical AI infrastructure including a 500MW, next-generation AI data centre in Saudi Arabia.

This facility would serve as xAI's first data centre outside the US and is to be powered by NVIDIA chips, positioning the Kingdom as a critical hub for global AI expansion with next-generation compute power.

The partnership also involves deploying xAI's Grok models across Saudi Arabia.

As the Kingdom looks beyond oil, this infrastructure partnership supports the development of sovereign, domestic AI capabilities. Following the latest investment round, HUMAIN sees its role evolve from strategic partner to shareholder. 

CEO Elon Musk plans to take SpaceX to the next level by building solar-powered, data centres based in space.

"To harness even a millionth of our Sun's energy would require over a million times more energy than our civilisation currently uses," Elon said earlier in February.  

"The only logical solution therefore is to transport these resource-intensive efforts to a location with vast power and space. By directly harnessing near-constant solar power with little operating or maintenance costs, these satellites will transform our ability to scale compute. 

"My estimate is that, within two to three years, the lowest cost way to generate AI compute will be in space."

HUMAIN’s AI-native approach

HUMAIN is fresh from unveiling HUMAIN OS, an agentic AI-powered operating system designed to transform how humans interact with machines.

Stepping up from passive traditional operating systems, HUMAIN OS pulls on agentic AI strings and is designed to understand human intent, orchestrate tasks across systems and act as an active partner in enterprise operations. This reinvention plugs AI agents directly into the centre of business workflows. 

Part of HUMAIN’s long-term vision is what the company calls the HUMAIN Core – gigawatt scale data centres that will form the bedrock of Saudi Arabia’s AI infrastructure ambitions. 

To ensure global usability of the infrastructure, HUMAIN has extended multiple strategic partnerships with NVIDIA, Amazon, AMD and Qualcomm, in addition to xAI. 

HUMAIN is also developing AI models that are tailored to Saudi culture, language and context, ensuring the population does not have to depend on AI derivatives – instead creating AI that is optimised for use by local people and businesses alike. 

At the recent 2026 PIF Private Sector Forum in Riyadh, Tareq noted the Kingdom’s abundant energy, land and connectivity, contending that AI is "an energy game". It's clear neither Saudi Arabia nor HUMAIN are short on it.