Saudi Arabia-headquartered global artificial intelligence company Humain and the National Infrastructure Fund, the Kingdom’s lead development financing partner for infrastructure, have announced a strategic financing framework agreement of up to $1.2 billion.
The funding will support the expansion of AI and digital infrastructure projects across Saudi Arabia.
The agreement was unveiled on the sidelines of the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Switzerland. It outlines non-binding financing terms for Humain’s development of up to 250 megawatts of hyperscale AI data centre capacity. These facilities will deploy leading-edge GPUs for AI training and inference, serving Humain’s local, regional, and global customers.
Alongside this, Infra and Humain have agreed to explore the creation of an AI data centre investment platform. Anchored by the two organisations, the platform would enable participation from global and local institutional investors, supporting further scaling of Humain’s AI strategy.
Infra said the framework underscores its role in accelerating the delivery of infrastructure assets that are foundational to economic transformation and long-term productivity. It also reflects Humain’s commitment to deploying scalable computing capacity to meet rising commercial demand for advanced AI and data processing services.
The announcement keeps Humain in focus following a series of high-profile developments. Established in May 2025, the company entered a strategic joint venture with stc group in December to build AI data centres in Saudi Arabia, following multiple announcements in November that signalled its rapid expansion.
