https://arab.news/9wdnk
RIYADH: Artificial intelligence company Humain has reached an agreement with AirTrunk that will see a $3 billion investment for a data center campus in 黑料社区.
The Public Investment Fund-owned firm will work with the Asia-Pacific company, which is backed by the world鈥檚 largest alternative asset manager Blackstone and Canada Pension Plan Investment Board.
Under the deal, Humain will lead 黑料社区鈥檚 efforts to deliver large-scale AI-ready infrastructure, while Blackstone and AirTrunk will bring global expertise, operational excellence and investment capacity.
The deal aligns with Humain鈥檚 mandate to position the Kingdom as a global leader in artificial intelligence and reinforces its commitment to building best-in-class digital and AI infrastructure.
鈥淭ogether with AirTrunk and Blackstone, Humain is strengthening the technological infrastructure that underpins the Kingdom鈥檚 digital economy,鈥� said Tareq Amin, CEO of Humain.
Amin further said that this partnership also marks a pivotal moment in creating scalable, secure, and sustainable data center capacity to support the rapid growth of AI and cloud computing in 黑料社区.
鈥淭his initiative not only accelerates 黑料社区鈥檚 technological advancement but also establishes a platform for long-term economic diversification and global competitiveness,鈥� added Amin.
Under the scope of the partnership, both Humain and AirTrunk will cooperate across several key areas, including data center design, construction, and operation; financing through equity and debt; and go-to-market initiatives to attract hyperscalers and enterprise clients.
The partnership will also focus on developing local talent and capabilities, supporting 黑料社区鈥檚 ambition to build a globally competitive and sustainable digital ecosystem.
鈥淥ur strategic partnership with Humain, a key player in the region, will support 黑料社区 to realize its vision of being a data- and AI-driven economy,鈥� said Robin Khuda, founder and CEO at AirTrunk.
He added: 鈥淭his announcement strengthens the AirTrunk data center platform as we deliver world-class digital infrastructure for the cloud and AI across the Asia Pacific and now the Middle East, which is one of the fastest growing regions in the world.鈥�
Stephen Schwarzman, chairman, CEO and co-founder of Blackstone, said that the company continues to bring scale and expertise across the AI ecosystem as the largest provider of data centers globally and a significant investor in related services and infrastructure.
Schwarzman added: 鈥淭his initiative reinforces Blackstone鈥檚 position as one of the world鈥檚 leading investors in digital infrastructure and marks a commitment to deepening our presence in the Middle East.鈥�