Energy, Oil & Gas

Aramco acquires 49pc stake in Saudi PIF company Humain

Saudi oil giant Aramco has announced that one of its key units has acquired a 49% stake in Humain, an artificial intelligence company owned by the kingdom’s sovereign wealth fund PIF, in a deal aimed at accelerating the company’s growth and its plan to deploy 3 gigawatts of AI data centre capacity by 2030. ...

Energy, Oil & Gas

Saudi Energy signs three agreements to support AI, data centre growth

Saudi Energy has signed three strategic agreements at LEAP 2026 with HUMAIN, center3 and Huawei to strengthen energy and digital infrastructure for Saudi Arabia’s expanding AI and data centre sector, supporting future capacity, investment and technological growth....

Energy, Oil & Gas

Aramco to acquire significant minority stake in HUMAIN

Saudi Arabia's Public Investment Fund (PIF) and Aramco have signed a non-binding term sheet outlining the key terms for Aramco to acquire a significant minority stake in HUMAIN, a PIF company, advancing a full range of AI capabilities globally....