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Humain CEO Tareq Amin Injects $3B Into Elon Musk’s xAI to Power Saudi A.I. Ambitions

HUMAIN's $3 billion investment in xAI precedes its merger with SpaceX and supports a 500MW AI infrastructure project deploying Grok models in Saudi Arabia.

Summary by Observer
Tareq Amin commits $3 billion to Elon Musk’s xAI, accelerating Saudi Arabia’s bid to build sovereign A.I. infrastructure and global tech alliances.

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PR Newswire broke the news in United States on Wednesday, February 18, 2026.
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