HUMAIN, an AI firm supported by Saudi Arabia’s Public Funding Fund (PIF), has accomplished a $3bn funding in xAI in the course of the latter’s Sequence E funding spherical.
The funding was made previous to the acquisition of xAI by SpaceX, which was introduced earlier this month. With its funding, HUMAIN has turn into a major minority shareholder in xAI, and its stake will transition into SpaceX shares as soon as the merger concludes.
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The funding occasion marks the ultimate fairness spherical for xAI earlier than its integration into SpaceX.
Elon Musk introduced earlier within the month the SpaceX-xAI merger, with the intention of bringing collectively superior AI capabilities and the established scale and infrastructure of SpaceX. He commented that the mixture would “create a uniquely positioned platform for accelerated development, deep technological integration, and long-term worth creation.”
In 2025, xAI finalised the acquisition of social media platform beforehand owned by Musk. This transfer facilitated the deployment of xAI’s Grok chatbot into platforms resembling Starlink buyer help and hinted at doable integration with Tesla’s Optimus robots.
The continued merger between SpaceX and xAI is predicted to increase the previous’s involvement within the knowledge centre sector and improve its actions inside AI, competing with giant expertise corporations like Google, Meta, Amazon-backed Anthropic, and OpenAI.
Proceeds from xAI’s Sequence E spherical, which raised $20bn, are allotted in direction of new AI mannequin growth, computing infrastructure enhancements, and analysis initiatives. The Sequence E transaction positions HUMAIN to profit from any future fairness appreciation ensuing from the collaboration between xAI and SpaceX.
HUMAIN acknowledged that its involvement on this spherical emphasises its capability as a long-term investor supporting a number of phases of organisational development. The Saudi agency goals to ship full-stack AI options throughout areas resembling next-generation knowledge centres, high-performance computing infrastructure, superior AI fashions, and utilized AI use instances.
HUMAIN CEO Tareq Amin stated: “This funding displays HUMAIN’s conviction in transformational AI and our capacity to deploy significant capital behind distinctive alternatives the place long-term imaginative and prescient, technical excellence, and execution converge, xAI’s trajectory, additional strengthened by its acquisition by SpaceX, one of many largest expertise mergers on document, represents the form of high-impact platform we search to help with important capital.”
The connection between HUMAIN and xAI extends past funding exercise. In November 2025 on the US-Saudi Funding Discussion board, each corporations shaped a partnership to co-develop greater than 500 megawatts (MW) of AI knowledge centre and computational infrastructure.
The settlement additionally covers deployment of xAI’s Grok fashions in Saudi Arabia. Each initiatives are designed to strengthen long-term alignment between the organisations and increase HUMAIN’s affect as a world shareholder.
In parallel to those investments, HUMAIN just lately entered a Strategic Financing Framework Settlement valued at as much as $1.2bn with Saudi Arabia’s Nationwide Infrastructure Fund (Infra). This settlement offers non-binding phrases for financing as much as 250MW of hyperscale AI knowledge centre capability utilizing superior graphics processing items (GPUs) for coaching and inference workloads.
Each events have agreed to discover an AI knowledge centre funding platform focusing on native and world institutional buyers to additional advance HUMAIN’s AI technique.
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