In a landmark move, Saudi Arabia’s HUMAIN, a Public Investment Fund (PIF) company, announced a strategic $3 billion investment in xAI’s Series E financing round on Tuesday. Moreover, this bold HUMAIN xAI investment positions the Kingdom at the forefront of global artificial intelligence development and infrastructure expansion.
The investment occurred shortly before xAI’s acquisition by SpaceX in early February, according to HUMAIN’s official statement. Consequently, HUMAIN secured a significant minority stake in xAI before the merger transformed holdings into SpaceX shares. This structure provides valuable exposure to long-term equity growth tied to xAI’s final pre-acquisition financing round.
Additionally, the combination merges xAI’s advanced AI capabilities with SpaceX’s unparalleled engineering scale and infrastructure. Therefore, HUMAIN describes this unified platform as ready for accelerated growth, deeper integration, and sustained value creation.
Tareq Amin, HUMAIN’s CEO, emphasized the investment reflects strong conviction in transformational artificial intelligence opportunities, stating that xAI’s trajectory, strengthened by the SpaceX acquisition, represents the high-impact platform HUMAIN seeks to support. Moreover, this deal showcases HUMAIN’s ability to deploy meaningful capital where vision, technical excellence, and execution converge.
Four Pillars Drive HUMAIN’s AI Strategy
HUMAIN’s participation in the Series E round reinforces its role as a scaled, long-term strategic investor globally. Specifically, the company delivers artificial intelligence capabilities across four core areas: next-generation data centers, high-performance infrastructure, advanced AI models, and AI-driven solutions. Furthermore, this investment builds directly on a November 2025 partnership announced at the US-Saudi Investment Forum.
Under that agreement, HUMAIN and xAI committed to developing over 500 megawatts of AI data center infrastructure in Saudi Arabia. Additionally, the partnership includes deploying xAI’s Grok models throughout the Kingdom to accelerate local innovation and economic diversification.
HUMAIN Investment Cements Saudi Arabia’s AI Champion Role
The Public Investment Fund established HUMAIN in May 2025, positioning it as Saudi Arabia’s national AI champion. Consequently, this $3 billion xAI investment deepens long-term alignment between the two innovative technology companies significantly. Moreover, HUMAIN now extends its role from strategic partner to global shareholder in xAI’s continued evolution worldwide.
The company also plans to pursue additional investments across artificial intelligence, frontier technologies, and critical infrastructure. Therefore, HUMAIN advances Saudi Arabia’s broader strategy to lead the global artificial intelligence revolution with confidence.
