Startup

Saudi Arabia’s Humain Eyes Global AI Dominance with $10B Venture Fund

Saudi-backed AI firm Humain is preparing to launch a $10 billion venture capital arm, signaling one of the most ambitious plays yet from the Kingdom in the global AI and tech investment space. The new fund, Humain Ventures, will target high-growth startups across North America, Europe, and Asia, according to comments by CEO Tareq Amin reported by The Financial Times.

The move reflects Saudi Arabia’s broader strategy to accelerate its technological influence and economic diversification — positioning itself not only as a key consumer of AI infrastructure but also as a proactive investor and co-developer in the global innovation ecosystem.

Strategic Talks with Silicon Valley Heavyweights

Humain is reportedly in discussions with leading U.S. tech players, including Andreessen Horowitz, OpenAI, and Elon Musk’s xAI. While the full list of potential partners remains under wraps, Amin hinted that talks are ongoing with “some of the biggest names in the data center space” regarding a possible equity deal involving Humain’s infrastructure arm.

These conversations come at a pivotal time. Under a new initiative led by the returning Trump administration, U.S. technology providers such as Nvidia and AMD have been cleared to deepen ties with Saudi firms — a geopolitical shift that’s enabling Humain’s bold expansion plans.

Global Scale, Regional Leverage

Though Humain was officially unveiled only recently, it has already secured deals with Qualcomm, Nvidia, AMD, and Amazon. The company aims to build 1.9 gigawatts of data center capacity by 2030 — a number that would place it among the global infrastructure giants.

Its stated mission? To handle 7% of the world’s AI training and inference capacity within the next five years. The projected total investment for this AI buildout? A staggering $77 billion, according to Amin.

“We’re not just participating in the AI revolution — we intend to shape it,” Amin said during a recent industry roundtable.

Implications for Global Startups

The launch of Humain Ventures adds a powerful new player to the global VC landscape — and one with significant sovereign backing. Startups in AI infrastructure, chips, cloud services, LLM tooling, and AI-native applications could find in Humain not just a source of capital, but a strategic ally offering regional scale and access to fast-growing markets across the Gulf and Asia.

With both political momentum and financial firepower, Humain is poised to become a central figure in the next wave of AI investment — and a sign of how nations are now competing not just for economic growth, but for algorithmic advantage.