Saudi’s Humain secures up to $1.2 bln to expand AI infrastructure 

Saudi Arabia’s National Infrastructure Fund and Humain, the kingdom’s artificial intelligence company, announced a financing agreement of up to $1.2 billion this week to support the expansion of AI and digital infrastructure in the country.

The agreement outlines non-binding financing terms for the development of up to 250 megawatts of AI data centre capacity to support Humain’s customers, and was announced in Davos, Switzerland, according to a statement.

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