Private equity giant Blackstone Inc. is partnering with Saudi Arabia’s new artificial intelligence company, Humain, to build data centers in the kingdom with an initial investment of about $3 billion.
AirTrunk, owned by Blackstone and Canada Pension Plan Investment Board, will work alongside Humain to develop a long-term partnership focused on financing, developing, and operating data centers and AI infrastructure throughout Saudi Arabia, the firms said in a statement on Tuesday.
Humain Chief Executive Officer Tareq Amin said in an interview on Tuesday that the effort will likely grow and may eventually include other firms such as BlackRock Inc. ...
