Humain Plans to Raise $2.5 Billion to Establish Data Center Investment Fund
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Artificial intelligence company Humain is planning to raise $2.5 billion to establish a fund focused on investing in data centers. This fund will provide financing support for the 250-megawatt data center capacity being constructed in collaboration with Al Moammar Information Systems, with the potential to expand to a total scale of 1 gigawatt in the future. Humain is backed by the Saudi sovereign wealth fund, the Public Investment Fund, to promote the development of local AI computing power and data center infrastructure to meet the growing demand for AI computing.
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