Saudi Arabia National Infrastructure Fund and Humain agree on 1.2 billion dollar AI data centre financing
Saudi Arabia National Infrastructure Fund and Humain have signed a 1.2 billion dollar deal for AI data centres to help diversify the kingdom away from oil exports.
Insights:
Saudi Arabia's National Infrastructure Fund and Humain announced a non-binding financing agreement of up to $1.2 billion on January 21, 2026, to develop artificial intelligence and digital infrastructure. The announcement, made in Davos, Switzerland 
CH, outlines terms for the development of up to 250 megawatts of AI data centre capacity within Saudi Arabia 
SA. This agreement serves as a major capital commitment to the kingdom's strategy to diversify its economy away from its status as the world's top oil exporter.
CH, outlines terms for the development of up to 250 megawatts of AI data centre capacity within Saudi Arabia SA. This agreement serves as a major capital commitment to the kingdom's strategy to diversify its economy away from its status as the world's top oil exporter.
