Sources: Saudi AI company Humain is planning to raise an initial $2.5B fund to help finance data center capacity of 250 MW in Saudi Arabia (Omar El Chmouri/Bloomberg)
Humain is seeking outside capital for a Saudi data center fund tied to 250 MW of planned capacity.
Bloomberg says the AI firm is planning an initial $2.5 billion raise from global and domestic investors. The fund would invest in data centers in Saudi Arabia. The report frames the money as financing for 250 MW of capacity. Techmeme's note
Bloomberg says the AI firm is planning an initial $2.5 billion raise from global and domestic investors. The fund would invest in data centers in Saudi Arabia. The report frames the money as financing for 250 MW of capacity. Techmeme's note
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