Saudi's AI Giant Humain Drops $10B VC Bomb on US, Europe, and Asia Startups
30.06.2025
11310
Humain, the state-owned AI company from Saudi Arabia, is on track to launch a $10 billion venture fund, Humain Ventures, that will invest in startups in the U.S., Europe, and Asia.
Saudi's AI powerhouse Humain is flexing with a $10B VC fund, Humain Ventures, ready to splash cash on startups across the US, Europe, and Asia. Talk about deep pockets!
Chatting with big shots like Andreessen Horowitz and OpenAI, Humain's also eyeing deals to sell stakes in its data center biz. Who's the lucky buyer? Stay tuned.
With Trump's admin giving the green light, US tech suppliers are now free to mingle with Saudi firms. Humain's already cozy with Qualcomm, Nvidia, AMD, and Amazon. Power moves only.
By 2030, Humain aims to handle 7% of global AI training. That's 1.9 gigawatts of data center power and a cool $77B spend. Saudi's not just about oil anymore, folks.
- • $10B fund targeting US, Europe, and Asia startups
- • In talks with Andreessen Horowitz, OpenAI, and xAI
- • Plans to sell equity in data center business
- • Deals with Qualcomm, Nvidia, AMD, and Amazon sealed
- • Aiming for 7% of global AI training by 2030
#Geopolitics#Startup Investments#Artificial Intelligence#USA#technology
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