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As part of the deal, Humain and Infra will also explore creating a dedicated AI data center investment platform
In sum – what to know:
$1.2bn financing framework set – Humain and the Kingdom’s National Infrastructure Fund (Infra) agreed on non-binding terms for up to 250MW of hyperscale AI data center capacity in Saudi Arabia.
Institutional capital in focus – The partners are exploring an AI data center investment platform to attract global and local investors for future scaling.
Aggressive expansion roadmap – Backed by PIF, Humain targets 6.6GW over ten years, with major chip deals, hyperscaler partnerships, and large-scale JV projects already underway.
Saudi data center developer Humain and the Kingdom’s National Infrastructure Fund (Infra) have 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 was announced last week 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.
“Demand growth for advanced compute is intensifying, and this framework agreement positions Humain to respond with speed and scale,” said Tareq Amin, CEO of Humain. “In partnership with Infra, our goal is to deliver world-class AI data center infrastructure that enterprises can rely on as their compute needs grow more complex.”
As part of the agreement, Humain and Infra will also explore creating a dedicated AI data center investment platform, designed to attract both global and domestic institutional investors to support future expansion.
Esmail Alsallom, CEO of Infra, added: “Our partnership with Humain will activate new pathways to grow institutional investment and develop the digital economy through enabling AI infrastructure.”
Founded by PIF in May 2025, Humain has set out plans to deliver 6.6GW of data center capacity over the next decade.
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.
Under the program, Humain plans to deploy 200 megawatts of Qualcomm’s AI200 and AI250 rack solutions starting in 2026. These systems will be used to deliver high-performance AI inference capabilities for enterprises and government institutions in Saudi Arabia and internationally. The initiative is designed to support large-scale AI workloads while maintaining competitive total cost of ownership (TCO).
According to the companies, the collaboration combines Humain’s regional infrastructure and expertise in full-stack AI with Qualcomm’s semiconductor and AI technologies.
As part of the collaboration, Humain’s Saudi-developed AI ALLaM models will be integrated with Qualcomm’s AI platforms to support new applications across industries. The pair also plans to develop tailored solutions for enterprise and government clients within and beyond Saudi Arabia.
A Qualcomm spokesperson had told RCR Wireless News that this new collaboration is in line with its broader strategy to expand from mobile into large-scale AI infrastructure and data center markets.
“This is very well aligned with and evidence of our diversification strategy. As AI continues to scale and inference begins to outpace training, we’re starting to see a shift in the market. Efficiency—both in terms of tokens per dollar and energy consumption—is becoming the new benchmark. That shift creates a significant opportunity for us,” the Qualcomm spokesperson said.
