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.