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The Saudi Public Investment Fund and Aramco complete an acquisition deal in Anushi to accelerate its growth. The investment fund and Saudi Aramco, as shareholders in Anushi, will oversee the company's ambitious expansion plans and launch new opportunities to increase value in the artificial intelligence sector. The fund retains 51%, while Saudi Aramco acquires 49% of Anushi by transferring major assets in the field of artificial intelligence and providing cash contributions worth about 9.9 billion riyals to Anushi in 2026. The transaction supports Human's efforts to increase the scale of its business to keep up with the growth in regional and global demand for artificial intelligence computing through a plan to establish artificial intelligence data centers with a capacity of 3 gigawatts by 2030.

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Asharq Bloomberg · · Source

🇸🇦 Saudi Arabia · Map

The Saudi Public Investment Fund and Aramco complete an acquisition deal in Anushi to accelerate its growth. The investment fund and Saudi Aramco, as shareholders in Anushi, will oversee the company's ambitious expansion plans and launch new opportunities to increase value in the artificial intelligence sector. The fund retains 51%, while Saudi Aramco acquires 49% of Anushi by transferring major assets in the field of artificial intelligence and providing cash contributions worth about 9.9 billion riyals to Anushi in 2026. The transaction supports Human's efforts to increase the scale of its business to keep up with the growth in regional and global demand for artificial intelligence computing through a plan to establish artificial intelligence data centers with a capacity of 3 gigawatts by 2030.

The Saudi Public Investment Fund and Aramco complete an acquisition deal in Anushi to accelerate its growth. The investment fund and Saudi Aramco, as shareholders in Anushi, will oversee the company's ambitious expansion plans and launch new opportunities to increase value in the artificial intelligence sector. The fund retains 51%, while Saudi Aramco acquires 49% of Anushi by transferring major assets in the field of artificial intelligence and providing cash contributions worth about 9.9 billion riyals to Anushi in 2026. The transaction supports Human's efforts to increase the scale of its business to keep up with the growth in regional and global demand for artificial intelligence computing through a plan to establish artificial intelligence data centers with a capacity of 3 gigawatts by 2030.

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