Aramco Acquires 49% Stake in HUMAIN
Saudi Arabia’s Public Investment Fund and Aramco announced on Sunday the closing of a transaction in which Aramco, through a wholly owned subsidiary, acquires a 49% stake in HUMAIN, with PIF retaining 51% ownership. The transaction will further accelerate HUMAIN’s growth and advance its full range of AI capabilities globally, with PIF and Aramco contributing AI assets, capabilities, and talent, a joint statement said.
