Humain CEO Tareq Amin Injects $3B Into Elon Musk’s xAI to Power Saudi A.I. Ambitions
- by Observer
- Feb 18, 2026
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02/18/26 4:57pm
Humain CEO Tareq Amin’s $3 billion investment in xAI positions Saudi Arabia at the center of a rapidly shifting global A.I. power structure.
Photo by Amal Alhasan/Getty Images for Fortune Media
Tareq Amin, CEO of Saudi Arabia’s largest A.I. company, Humain, has been on a dealmaking blitz since taking the helm of the Kingdom’s national A.I. initiative last year. His latest move: a $3 billion investment in Elon Musk’s xAI. The investment was made during xAI’s $20 billion fundraising round in January, Humain announced today (Feb. 18). The raise came just weeks before xAI merged with Musk’s SpaceX
earlier this month, as Musk consolidates his A.I., communications and space ambitions ahead of a widely anticipated IPO.
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. Humain did not respond to requests for comment from Observer.
Most of the partnerships are focused on expanding Saudi Arabia’s data center footprint and compute capacity. A joint venture with AMD and Cisco, for example, aims to build domestic A.I. infrastructure capable of powering up to one gigawatt.
xAI’s relationship with Humain dates back to November, when the companies unveiled plans for a 500-megawatt data center in Saudi Arabia. The facility—xAI’s first outside the U.S.—will run on Nvidia chips and deploy the company’s Grok models across the Kingdom.
Humain’s deepening ties to xAI underscore a broader realignment in global A.I. alliances, with Gulf states emerging as critical capital providers and infrastructure hubs for American developers. In November, Humain and the United Arab Emirates’ A.I. company,
G42,
received U.S. approval to acquire up to 35,000 advanced A.I. chips each, marking a sharp reversal from earlier semiconductor export restrictions.
Other regional players are also forging closer links with U.S. firms. G42 secured a $1.5 billion investment from
Microsoft
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