AIThe Next Webabout 2 hours ago
Aramco Buys 49% Stake in Saudi AI Firm
2 min read
Saudi Aramco acquires a 49% stake in state-backed AI firm HUMAIN, paying SAR 9.9 billion in cash. The deal closed on 1 November 2026, while Aramco's adjusted net income rose to $31.2 billion in the third quarter.
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