Humain and the National Infrastructure Fund Sign a Strategic Financing Agreement

Humain and the National Infrastructure Fund Sign a Strategic Financing Agreement Worth $1.2 Billion to Support AI Data Centers in Saudi Arabia
In a move reflecting the accelerating pace of Saudi Arabia's investments in digital infrastructure and AI technologies, Humain announced the signing of a strategic framework financing agreement with the National Infrastructure Fund, valued at up to $1.2 billion USD, to support the expansion and development of digital infrastructure projects and AI data centers within the Kingdom.
The agreement was announced on the sidelines of the Annual Meeting of the World Economic Forum 2026, held in Davos, Switzerland on January 23, 2026, lending the agreement an international dimension that reflects the interest of global investors in Saudi Arabia's digital transformation.
Financing Hyperscale Data Centers with Advanced Computing Capabilities
According to the press statement, the framework agreement includes non-binding terms and conditions for contributing to the financing of the development of Hyperscale Data Centers for Humain, with a total capacity of up to 250 megawatts.
These centers are planned to be equipped with high-performance Graphics Processing Units (GPU), used in training and operating advanced AI models, including deep learning models and big data processing, in order to meet the needs of customers at local, regional, and global levels.
These computing capacities are among the essential pillars for running modern AI applications, particularly in sectors such as:
Smart government services
Predictive analytics
Digital healthcare
Smart cities
Advanced financial services
A New Investment Platform for AI Data Centers
In addition to direct financing, the two parties agreed to study the establishment of a specialized investment platform for AI data centers, in which the National Infrastructure Fund and Humain would be founding partners.
According to the statement, this platform aims to:
Attract local and international institutional investors
Diversify funding sources
Accelerate the implementation of digital infrastructure projects
Strengthen public-private sector partnerships
This step aligns with the global trend toward establishing flexible investment platforms to finance AI and cloud computing projects, which require substantial capital and long-term financing structures.
The Agreement in the Context of Saudi Arabia's Economic Transformation
The statement linked this agreement to the role of the National Infrastructure Fund in supporting partnerships with the private sector to develop critical infrastructure assets, as a fundamental element in economic transformation and increasing long-term productivity.
This step also comes within the targets of Saudi Vision 2030, which places the digital economy and technological innovation at the heart of economic diversification plans, alongside major national initiatives aimed at:
Strengthening the knowledge-based economy
Localizing advanced technologies
Attracting quality foreign investments
Leadership Statements Reflecting the Future Vision
Tareq Amin, CEO of Humain, said:
"Global demand for advanced computing and AI models is growing at an accelerating pace, and this framework agreement enables Humain to respond to this demand quickly and at scale. Through our partnership with the National Infrastructure Fund, we aim to build world-class AI data center infrastructure that organizations can rely on as their computing requirements grow."
For his part, Engineer Ismail bin Mohammed Al-Salloum, CEO of the National Infrastructure Fund, said:
"This agreement represents a strategic step that reflects the Fund's role in opening new horizons for investment in infrastructure and enhancing the Kingdom's competitiveness over the long term. Through our partnership with Humain, we are working to consolidate the Kingdom's position as a leading global hub for AI data centers."
National Infrastructure Fund: A Financing Arm for Development
The National Infrastructure Fund is one of the funds and development banks affiliated with the National Development Fund, and specializes in providing financing solutions for infrastructure projects in the Kingdom, with a focus on:
Accelerating the implementation of strategic projects
Increasing the participation rate of the private sector
Supporting energy, transportation, and digital infrastructure projects
The Fund also contributes to achieving the goals of the Saudi Green Initiative, by supporting sustainable projects with positive economic and environmental impact.
Humain: A National Player in the AI Ecosystem
Humain is a company owned by the Public Investment Fund, and operates in the fields of artificial intelligence and digital infrastructure. Its activities include:
Data center development
High-performance cloud platforms
Customized AI solutions
AI models for the public and private sectors
The company seeks to support the Kingdom's transformation into a regional and global hub for artificial intelligence, by providing advanced infrastructure that meets the requirements of innovation and future growth.
Future Prospects
This agreement reflects a clear orientation toward strengthening Saudi Arabia's position on the global AI map, through investment in digital infrastructure as the foundational base for the future economy, opening the door to new innovations, quality investment opportunities, and sustainable growth that aligns with global technological transformations.
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