HUMAIN and AirTrunk to Build $3 Billion Data Centers in Saudi Arabia

HUMAIN, a global artificial intelligence company based in the Kingdom of Saudi Arabia building end-to-end AI capabilities, and AirTrunk, the leading data center platform in the Asia Pacific region, have agreed to establish a strategic partnership to build data centers in the Kingdom of Saudi Arabia.

The initial project involves an approximately US$3 billion investment for a data center campus in Saudi Arabia.

The partnership combines HUMAIN’s trusted reputation as the national AI champion with AirTrunk’s proven track record and operational expertise with key cloud and AI customers to advance Saudi Arabia’s vision to become a global innovation hub.

HUMAIN is owned by Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), and AirTrunk is backed by Blackstone, the world’s largest alternative asset manager, and Canada Pension Plan Investment Board. Together, the companies’ financial strengths and industry leadership underscore the significance of this initiative in shaping the region’s digital ecosystem.

HUMAIN, AirTrunk and Blackstone will develop a long-term strategic partnership focused on financing, developing, and operating next-generation data centers and AI infrastructure across the Kingdom of Saudi Arabia. The collaboration aligns with HUMAIN’s mandate to position the Kingdom as a global leader in artificial intelligence and reinforces its commitment to building best-in-class digital and AI infrastructure. Through this partnership, HUMAIN will lead national efforts to deliver large-scale, AI-ready infrastructure, while Blackstone, the world’s largest data center investor, and its portfolio company AirTrunk, the leading data center platform in the Asia Pacific region, will lead development, bringing global expertise, operational excellence, and investment capacity. The parties will cooperate across several key areas, including data center design, construction, and operation; financing through equity and debt; and go-to-market initiatives to attract hyperscalers and enterprise clients. The partnership will also focus on developing local talent and capabilities, supporting Saudi Arabia’s ambition to build a globally competitive and sustainable digital ecosystem.