Year: 2025

Saudi Arabia’s HUMAIN and Blackstone’s AirTrunk form US$3 B data-centre alliance

HUMAIN, the AI company owned by Saudi Arabia’s PIF, and AirTrunk, backed by Blackstone and CPP Investments, have entered a strategic US$3 billion partnership to develop a hyperscale data-centre campus in the Kingdom of Saudi Arabia, marking AirTrunk’s entry into the Middle East and supporting the country’s AI-driven economy ambitions.

FII9 Summit explores AI, Energy, and Global Investments

The Future Investment Initiative (FII) 9th Edition (FII9) is a premier global summit organized by the FII Institute, held from October 27 to 30, 2025, in Riyadh, Saudi Arabia. The summit convenes over 600 distinguished speakers and 20 heads of state under the theme 'The Key to Prosperity: Unlocking New Frontiers of Growth.'