HUMAIN, a PIF company and the National Infrastructure Fund (“Infra”) announced on the sidelines of the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Switzerland, a Strategic Financing Framework Agreement of up to $1.2 billion to support the expansion of AI and digital infrastructure projects in the Kingdom of Saudi Arabia.
The Framework Agreement outlines non-binding financing terms for HUMAIN’s development of up to 250 MW of hyperscale AI data center capacity. These data centers will deploy leading edge GPUs for AI training and inference and support HUMAIN’s local, regional and global customers.
In addition, Infra and HUMAIN have agreed to explore the establishment of an AI data center investment platform. This would be anchored by the two organizations and structured to facilitate participation by global and local institutional investors to support further scaling of HUMAIN’s AI strategy.
The Framework Agreement underscores Infra’s key role in partnering with its counterparts to accelerate the delivery of infrastructure assets that are foundational to economic transformation and long-term productivity. It also demonstrates HUMAIN’s commitment to deploying scalable computing capacity to capture growing commercial demand for advanced AI and data processing services, statement mentioned.
