Humain, the state-backed AI company from Saudi Arabia, is preparing to launch Humain Ventures, a $10 billion venture capital fund aimed at investing in AI startups across the U.S., Europe, and Asia, according to CEO Tareq Amin in an interview with the Financial Times. The fund is part of Humain’s broader strategy to accelerate global AI development through strategic capital deployment.
Amin confirmed that Humain is in discussions with major U.S. firms, including Andreessen Horowitz, OpenAI, and xAI, and is exploring potential equity partnerships in its data center business with unnamed “massive” American companies.
Launched earlier this month, Humain has already secured partnerships with Qualcomm, Nvidia, AMD, and Amazon, and is building out infrastructure to support 1.9 gigawatts of data center capacity by 2030. The company aims to handle 7% of global AI compute and training workloads, with total investment expected to reach $77 billion.
