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AI & IPMiddle East

Saudi Aramco to Acquire Significant Minority Stake in PIF-Backed AI Innovator HUMAIN

Saudi Aramco and the Public Investment Fund (PIF) have signed a non-binding term sheet for Aramco to acquire a substantial minority stake in HUMAIN, a PIF-owned artificial intelligence company. The partnership will combine AI assets, expertise, and talent to rapidly scale HUMAIN’s operations, supporting Saudi Arabia’s…

Friday, May 15, 2026
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