The artificial intelligence firm Humain proposes a $2.5 billion fund to focus on investing in data centres

On 3 September, according to Bloomberg, Humain, an artificial intelligence company, plans to raise the first $2.5 billion to set up a fund focused on investing in data centres. According to the source, the Fund will provide financing support for the 250 MW data centre capacity built by Humain in partnership with AlMoammar Information Systems, with the potential for future expansion to 1 giva as a whole. Humain, supported by the Saudi Sovereign Wealth Fund ' s Public Investment Fund (PIF), is promoting local AI computing and data centre infrastructure to meet growing AI computing needs。