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Humain said the investment aligns with its long-term strategy of backing large-scale AI platforms and infrastructure
In sum – what to know:
$3B invested before merger – Humain backed xAI’s Series E round shortly before its acquisition by SpaceX, securing equity exposure ahead of integration.
Stake converted into SpaceX shares – Humain became a minority shareholder, with its xAI holdings exchanged for SpaceX equity.
Builds on 500MW AI partnership – The deal expands an existing Saudi-based infrastructure collaboration focused on large-scale AI data centers and model deployment.
Saudi Arabia data center developer Humain has invested $3 billion in xAI as part of the company’s Series E financing round, shortly before xAI’s acquisition by SpaceX.
The investment positions Humain at a key stage in xAI’s expansion, just ahead of its integration into SpaceX. Following the transaction, the Saudi company became a significant minority shareholder in xAI, with its stake subsequently converted into SpaceX shares as part of the merger process.
The move builds on an existing partnership between Humain and xAI announced in November 2025, which includes plans to jointly develop more than 500MW of AI data center and compute capacity in Saudi Arabia. The collaboration also covers deployment of xAI’s Grok models in the Kingdom of Saudi Arabia.
The Saudi firm said the investment aligns with its long-term strategy of backing large-scale AI platforms and infrastructure, spanning data centers, high-performance computing, AI models, and enterprise applications.
For Humain, the transaction provides exposure to SpaceX equity following one of the largest technology mergers in recent years, while reinforcing its role as both infrastructure partner and financial investor in advanced AI platforms.
In May 2025, Humain and AWS had announced a major partnership to invest more than $5 billion in the field of artificial intelligence (AI). The collaboration will help build a special “AI Zone” in Saudi Arabia and drive AI adoption across the region and the world.
In October 2025, Humain and Qualcomm Technologies had announced a collaboration to deploy large-scale AI infrastructure in Saudi Arabia. The project seeks to build what the companies describe as the world’s first fully optimized edge-to-cloud hybrid AI system, offering global inferencing services.
Last month, the Saudi company and the Kingdom’s National Infrastructure Fund (Infra) had agreed a non-binding $1.2 billion financing framework to support the buildout of up to 250MW of hyperscale AI data center capacity in Saudi Arabia.
The agreement had been announced last month at the World Economic Forum in Davos, Switzerland. Backed by Saudi sovereign wealth fund PIF, Humain said the framework sets out indicative financing terms to support large-scale AI-focused facilities equipped with advanced GPUs for training and inference, serving customers across Saudi Arabia and international markets.
Humain recently announced plans to launch two flagship products this year, including an agentic operating system and a multi-agent orchestration platform, as it builds out AI infrastructure designed to serve both domestic and international workloads.
Speaking at the recent Cisco AI Summit, Humain’s CEO Tareq Amin said the company is focused on the entire AI value chain and is prioritizing infrastructure as the foundation for its strategy.
