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HUMAIN AI INVESTMENT
Gulf countries act as propellants for SpaceX IPO as billions flow inSaudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, th...- Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
- Saudi AI firm Humain launches enterprise AI initiative with Amazon Web ServicesSaudi AI firm Humain is partnering with Amazon Web Services (AWS) on a new initiative called Humain One. This platform aims to speed up the...
- SpaceX has held talks with Saudi fund for possible $5 billion investment in IPOElon Musk's SpaceX has had discussions with Saudi Arabia's Public Investment Fund about PIF potentially taking an anchor stake of around ...
- Saudi's Humain invested $3 billion in xAI's Series E funding roundSaudi Arabia is boosting its artificial intelligence ambitions as it seeks to capitalize on the growing demand for compute capacity and di...
- ETtech Deals Digest: Startups raise $1 billion this week, nearly double on-yearThe number of deals done during the week was 24, compared with 38 in the corresponding week last year.
- Video generation platform Luma AI raises $900 million, valued at $4 billionThe firm’s Indian-American CEO Amit Jain, who was formerly with Apple, told ET that the domain the company operated in is capital-intensive...
- Saudi Arabia backs Elon Musk's xAI with data center dealMusk's xAI, which makes the chatbot Grok, agreed to work with the state-backed Saudi company Humain to build a new data center in the Gulf ...
- Qualcomm stock skyrockets 19%, hits 52-week high after it announces chips to take on Nvidia and AMDQualcomm stock just soared 19% — its biggest jump in over a year. The reason? Qualcomm announced new AI accelerator chips, the AI200 and AI...
- Can Reliance + Saudi's Humain make a reliable AI alliance?Conventionally AI build outs have been restricted to managing scarce resources like land, capital, power and GPU supplies. Reliance has all...
- Musk’s xAI in talks with Saudi firm Humain on data center dealThe company is in early talks with two potential partners: Humain, a Saudi-backed artificial intelligence firm offering xAI several gigawat...
- Nvidia and AMD shares jump, leaving DeepSeek impact behind; here's what happened and what investors should knowNvidia and AMD stocks surged after landing major AI chip deals with Saudi Arabia’s Humain, a subsidiary of the Public Investment Fund. The ...
- AMD share buyback: Chip major Advanced Micro Devices offers $6 billion programIn Humain's deal with AMD, the agreement includes a plan to invest up to $10 billion to deploy 500 megawatts of AI hardware infrastructure ...
- Deals take centre stage in Trump's Gulf visit: $80 bn tech push, $20 bn AI data centres & moreDonald Trump secured a $600 billion investment commitment from Saudi Arabia. This happened during his Gulf states tour. Several deals were ...
- All about Humain, Saudi crown prince Mohammed bin Salman’s multi-billion dollar AI companySaudi Arabia’s crown prince has launched Humain, a new AI company under the Public Investment Fund, to boost the kingdom’s AI sector. It pl...
- Nvidia to send 18,000 AI chips to Saudi ArabiaNvidia will supply 18,000 advanced Blackwell AI chips to Saudi Arabia’s Humain for a major 500-megawatt data center project. Announced duri...
- US tech firms Nvidia, AMD secure AI deals as Trump tours Gulf statesUS tech giants, including Nvidia, AMD, and Qualcomm, announced major AI deals in the Middle East during President Trump's Gulf tour, securi...
- Jensen Huang-led Nvidia to send 18,000 top AI chips to Saudi Arabia; here's what Mohammad bin Salman plans to do with themNvidia's CEO Jensen Huang announced the sale of over 18,000 advanced AI chips to Saudi Arabian firm Humain. These Blackwell chips will powe...
- Saudi Arabia's Humain partners with Nvidia on AI goals as Trump visitsNvidia and Saudi AI startup Humain announced a partnership to boost AI and cloud infrastructure in Saudi Arabia. Backed by the Public Inves...
- Saudi Arabia launches company to develop artificial intelligence under PIFSaudi Crown Prince launched "Humain" under PIF to advance AI technologies, offering data centers, cloud services, and Arabic large language...
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