Saudi Arabia's Humain Invests $3 Billion in Elon Musk's xAI Amid Strategic AI Expansion
DATA AND AI INFRASTRUCTURE
Saudi Arabia's Humain invested $3 billion in Elon Musk's xAI, becoming a significant minority shareholder. The investment coincides with the merger of xAI and SpaceX, creating a combined entity valued at approximately $1.25 trillion. This move aligns with Saudi Arabia's strategy to enhance its AI capabilities and diversify its economy, positioning the nation as a regional AI hub and leveraging its financial resources for technology infrastructure development.

Feb 19, 2026, 11:45 AM