Humain signs $667 million in financing for Saudi AI buildout

Humain and Saudi Arabia's National Infrastructure Fund have signed two financing agreements totaling 2.5 billion riyals ($667 million) for GPU procurement and grid connections for Humain's data centers.

Why it matters: The facilities are the first transactions under the fund's AI Data Center Financing Program and support a buildout in which the PIF owned company is targeting 1 gigawatt of IT capacity.

Data as of Datacenter Dynamics report of November 14, 2026, read in full. Single source: the agreements are reported by the trade press with comment from the National Infrastructure Fund's chief executive, and no statement from Humain or the fund had been read directly at the time of writing. Developing item.

Humain and the National Infrastructure Fund (Infra) have signed two financing agreements totaling SAR 2.5 billion ($667 million) to support Humain’s AI buildout in Saudi Arabia, the first transactions under Infra’s AI Data Center Financing Program. A GPU financing facility of up to SAR 1.1 billion ($293.3 million) will support procurement and deployment of GPUs with approximately 25MW of IT load, and a second facility of up to SAR 1.4 billion ($373.3 million) will finance substations, transmission infrastructure and grid connections for Humain’s Saudi data centers.

Humain, in which Saudi Aramco acquired a 49 percent stake earlier this month and the Public Investment Fund holds the remaining 51 percent, is targeting 1GW of IT capacity in total. Infra chief executive Esmail Bin Mohammed Alsallom said the agreements aim to prepare a broader pipeline of data center projects for investment and to attract a wider pool of private and institutional capital.

Humain signs $667 million in financing for Saudi AI buildout

Sources