HUMAIN, a global artificial intelligence company based in Saudi Arabia building end-to-end AI capabilities, and AirTrunk, the leading data center platform in the Asia Pacific region, have agreed to establish a strategic partnership to build data centers in the kingdom. The initial project involves an approximately $3 billion investment for a data center campus in Saudi Arabia.
Through this partnership, HUMAIN will lead national efforts to deliver large-scale, AI-ready infrastructure, while Blackstone and AirTrunk will lead development. The parties 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. HUMAIN is owned by Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), while AirTrunk is backed by Blackstone, the world’s largest alternative asset manager, and the Canada Pension Plan Investment Boar