Saudi Aramco has acquired a 49 percent stake in AI firm Humain to accelerate its growth, while the Public Investment Fund retains the remaining 51 percent ownership.
AI-generated summary
Saudi Aramco expands its technological footprint through investment in AI.
Saudi Aramco has announced its acquisition of a 49 percent stake in the AI company Humain.
This investment aims to accelerate Humain's growth and advance its AI capabilities both regionally and globally.
The Public Investment Fund will retain a 51 percent ownership in Humain.
Additionally, Aramco plans to inject approximately 9.9 billion Saudi riyals into the company this year.
AI outlook — possibilities, not facts
Saudi Aramco will inject approximately 9.9 billion Saudi riyals into Humain this year.
Very likely · Within months
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