Humain to Invest $3 Billion With Blackstone's AirTrunk in Saudi Data Center Campus
By Connor Hart
Humain, the artificial-intelligence arm of Saudi Arabia's Public Investment Fund, said it will invest about $3 billion with AirTrunk to build a large-scale data center campus in the kingdom.
The project marks AirTrunk's first expansion into the Middle East. The data-center operator was acquired by Blackstone Inc. and the Canada Pension Plan Investment Board in 2024.
The partnership additionally aims to advance Saudi Arabia's efforts to develop digital infrastructure and position itself as a global hub for artificial intelligence and cloud computing.
Humain said Tuesday the venture combines its AI expertise with AirTrunk's experience building and managing hyperscale data centers for major cloud and technology companies. The companies said the project will create scalable and sustainable capacity to support the growth of AI and digital services in Saudi Arabia.
"This initiative not only accelerates Saudi Arabia's technological advancement but also establishes a platform for long-term economic diversification and global competitiveness," Humain Chief Executive Tareq Amin said.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
October 28, 2025 11:18 ET (15:18 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
The 10 Best Companies to Invest in Now
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
3 Stocks to Sell and 3 Stocks to Buy for October
The Top Funds for a Simpler Retirement Portfolio
United States