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Saudi Aramco invests in AI company

Saudi Aramco invests in AI company

智通财经智通财经2026/11/02 01:35
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Saudi oil giant Saudi Aramco announced on November 1 that it will hold a 49% stake in the AI company HUMAIN, injecting cash and assets to help this technology company scale up and meet growing demand. The Saudi sovereign wealth fund Public Investment Fund (PIF) will retain the remaining 51% stake. This year, Saudi Aramco will inject approximately 9.9 billion Saudi riyals (about 17.5 billion RMB) into HUMAIN, and invest in AI computing infrastructure and digital assets. (CCTV Finance)
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