HUMAIN, a Saudi Arabian Public Investment Fund (PIF) company focused on global AI capabilities, has announced a landmark $3 billion strategic investment in Elon Musk’s artificial intelligence company, xAI. The investment was part of xAI’s Series E financing round, a pivotal transaction that occurred just before the AI firm’s acquisition by aerospace giant SpaceX in early February 2026.
A Strategic Position Ahead Of A Historic Merger
The investment positions HUMAIN at the center of one of the most significant technology mergers in recent history. By participating in xAI’s final financing round before the acquisition, HUMAIN secured a significant minority shareholding in the company. Following the merger, these holdings were converted into SpaceX shares, providing the Saudi entity with long-term equity participation in a combined technology powerhouse poised for accelerated growth and deep integration.
This transaction represents a major capital deployment for HUMAIN, underscoring its long-term strategy of investing in category-defining technology platforms across AI and other frontier technologies.
Deepening The Kingdom’s AI Infrastructure
This $3 billion investment strengthens an already robust partnership between the two companies. In November 2025, at the US-Saudi Investment Forum, HUMAIN and xAI announced a landmark framework agreement to jointly develop a 500MW AI infrastructure hub in Saudi Arabia. This initiative includes a flagship facility set to become one of the most advanced AI compute centers globally and marks xAI’s first large-scale deployment outside the United States.
The collaboration also includes HUMAIN’s commitment to deploy xAI’s Grok models throughout the Kingdom, integrating them into its own agent platform, HUMAIN ONE. This dual approach solidifies HUMAIN’s role as both a strategic development partner and a scaled global investor in frontier AI.
A Landmark Deal For Saudi’s AI Ambitions
The fusion of xAI’s advanced AI research with SpaceX’s vast engineering depth, infrastructure, and scale creates a uniquely powerful platform for innovation and value creation. HUMAIN’s timely investment reflects its ability to identify and support high-impact opportunities at critical inflection points.
“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,” said Tareq Amin, CEO of HUMAIN. “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.”
About HUMAIN
HUMAIN, a PIF company, is a global artificial intelligence company delivering full-stack AI capabilities across four core areas: next-generation data centers; hyper-performance infrastructure and cloud platforms; advanced AI models, including some of the world’s most advanced Arabic large language models developed in the Arab world; and transformative AI solutions that combine deep sector insight with real-world execution. HUMAIN’s end-to-end model serves both public and private sector organizations, unlocking value across industries, driving digital transformation, and strengthening capabilities through human–AI collaboration.
Source: Middle East AI News
