Humain, a state-backed AI company from Saudi Arabia, plans to create a $10 billion venture capital fund named Humain Ventures. According to CEO Tareq Amin, the fund will target investments in startups across the United States, Europe, and Asia.
Currently, Humain is engaged in active discussions with some prominent U.S. technology firms—including Andreessen Horowitz, OpenAI, and Elon Musk’s AI venture, xAI. The company also aims to sell equity stakes in its data center operations to major U.S. businesses, although Amin declined to specify their identities, noting only that they are leading entities in the data center market.
The announcement of Humain’s investment fund comes shortly after the company’s launch, timed closely with a recent visit to Saudi Arabia by U.S. President Donald Trump and various American tech executives. This follows a policy shift under the Trump administration allowing U.S. technology providers—including Nvidia and AMD—to pursue previously restricted deals with Saudi Arabian enterprises.
Since its inception, Humain has secured agreements with tech giants Qualcomm, Nvidia, AMD, and Amazon. The company has ambitious plans to establish a substantial presence in the global data center market by 2030, aiming to operate a total capacity of 1.9 gigawatts. This extensive infrastructure investment—which Amin expects to cost approximately $77 billion—is designed to handle around seven percent of the world’s AI processing workloads, covering both training and inference tasks, within the next five years.
