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Humain, Infra sign $667m financing deals to expand Saudi AI infrastructure

RIYADH: Saudi artificial intelligence company Humain has secured financing agreements worth up to SR2.5 billion ($667 million) from the National Infrastructure Fund, or Infra, to expand computing capacity and build power infrastructure for data centres in the Kingdom. The agreements build on a framework announced in Davos in January that outlined non-binding financing terms of up to $1.2 billion for the development of up to 250 megawatts of AI data centre capacity. Signed in Riyadh, the lates

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