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Saudi Humain Company invests $3 billion in xAI Company
A statement revealed that the AI company supported by Saudi Arabia, Humain, has invested $3 billion in Elon Musk’s AI startup xAI. The statement said that Humain became a “significant minority shareholder” in xAI through this investment, which coincidentally occurred before Musk’s space exploration company SpaceX acquired xAI. The shares held by Humain will be converted into SpaceX shares. This investment solidifies the connection between Musk and Humain. The company was founded last year with the goal of making Saudi Arabia a leading AI nation. Both companies plan to develop a 500-megawatt data center in Saudi Arabia.