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According to people familiar with the matter, Saudi artificial intelligence company Humain plans to raise an initial fund of 2.5 billion US dollars from domestic and foreign investors to invest in data center projects in Saudi Arabia. People familiar with the matter said that the fund will provide financial support for the 250 megawatt data center project built by Humain in cooperation with Muammar Information Systems. The long-term scale of the related project is expected to expand to a maximum of 1 gigawatt. Since undisclosed information was involved, people familiar with the matter requested anonymity.
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According to people familiar with the matter, Saudi artificial intelligence company Humain plans to raise an initial fund of 2.5 billion US dollars from domestic and foreign investors to invest in data center projects in Saudi Arabia. People familiar with the matter said that the fund will provide financial support for the 250 megawatt data center project built by Humain in cooperation with Muammar Information Systems. The long-term scale of the related project is expected to expand to a maximum of 1 gigawatt. Since undisclosed information was involved, people familiar with the matter requested anonymity.
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