DAVOS, Switzerland
Thu, 22 Jan 2026
HUMAIN, a Saudi Public Investment Fund (PIF) company, and the National Infrastructure Fund (Infra) have announced a Strategic Financing Framework Agreement of up to $1.2 billion to support the expansion of AI and digital infrastructure projects in Saudi Arabia.
Signed on the sidelines of the World Economic Forum (WEF) Annual Meeting 2026 in Davos, the agreement outlines non-binding financing terms for HUMAIN’s development of up to 250 MW of hyperscale AI data center capacity. These facilities will deploy leading-edge GPUs for AI training and inference, supporting HUMAIN’s local, regional, and global customers.
The two organisations have also agreed to explore the creation of an AI data center investment platform. Anchored by HUMAIN and Infra, the platform would be structured to attract participation from global and local institutional investors, enabling further scaling of HUMAIN’s AI strategy.
The agreement highlights Infra’s role in accelerating the delivery of infrastructure assets critical to economic transformation and long-term productivity. It also reinforces HUMAIN’s commitment to deploying scalable computing capacity to meet rising commercial demand for advanced AI and data processing services.
“Demand growth for advanced compute is intensifying, and this Framework Agreement positions HUMAIN to respond with speed and scale. In partnership with Infra, our goal is to deliver world-class AI data center infrastructure that enterprises can rely on as their compute needs grow more complex,” said Tareq Amin, Chief Executive Officer of HUMAIN.
“Today’s Framework Agreement is an important step in expanding Infra’s role in unlocking infrastructure investment opportunities in the Kingdom. Our partnership with HUMAIN will activate new pathways to grow institutional investment and develop the digital economy through enabling AI infrastructure,” said Eng Esmail Alsallom, Chief Executive Officer of Infra.
Infra is Saudi Arabia’s lead development financing partner for infrastructure, catalysing private sector investment to accelerate projects critical to the Kingdom’s social and economic transformation. Its flexible financing model supports infrastructure across all sectors, aligned with Vision 2030 and the Saudi Green Initiative. The National Infrastructure Fund operates under the supervision of the National Development Fund.
HUMAIN 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; and transformative AI solutions that combine deep sector insight with real-world execution.
Its end-to-end model serves both public and private sector organisations, unlocking value across industries, driving digital transformation, and strengthening capabilities through human–AI collaboration. With a growing portfolio of sector-specific AI products and a core mission focused on intellectual property development and global talent leadership, HUMAIN is engineered for international competitiveness and technological excellence.
