HUMAIN, the Saudi artificial intelligence company owned by the Public Investment Fund (PIF), has joined forces with AirTrunk, the hyperscale data center operator backed by Blackstone and the Canada Pension Plan Investment Board (CPP Investments), to build a US$3 billion data center campus in the Kingdom. The project marks AirTrunk’s entry into the Middle East and strengthens Saudi Arabia’s push to become a global hub for digital infrastructure.
The partnership, announced in Riyadh on October 28, 2025, brings together HUMAIN’s end-to-end AI capabilities and AirTrunk’s technical expertise in large-scale data centers. Both firms will collaborate to develop, finance, and operate next-generation AI infrastructure across Saudi Arabia, aligning with the Kingdom’s Vision 2030 strategy to diversify its economy and lead in artificial intelligence and cloud computing.
HUMAIN Chief Executive Tareq Amin said the partnership will build scalable, secure, and sustainable data center capacity to meet the exponential rise in AI and cloud demand. Robin Khuda, founder and CEO of AirTrunk, described the collaboration as a milestone in expanding the company’s presence from Asia-Pacific into one of the world’s fastest-growing digital markets.
Stephen A. Schwarzman, Blackstone’s chairman and chief executive, said the investment reflects the firm’s conviction in the AI revolution and its role as the largest provider of data centers globally. “We are thrilled to help power this next era of innovation in the Middle East,” he said in the official announcement.
The venture will cover data center design, construction, and operations, as well as financing through equity and debt. It will also target hyperscale cloud and enterprise clients while advancing local workforce development to support Saudi Arabia’s growing digital economy.
HUMAIN’s portfolio spans four key areas: data centers and hyper-performance infrastructure, cloud platforms, advanced AI models including Arabic multimodal large language models and applied AI solutions across sectors. AirTrunk, valued at more than A$24 billion following its 2024 acquisition by Blackstone and CPP Investments, provides hyperscale data centers to major global cloud and technology companies.
The collaboration underscores Saudi Arabia’s growing role in the global AI infrastructure race. With data capacity emerging as the foundation of economic competitiveness, the Kingdom is positioning itself at the heart of the digital transformation shaping the world’s AI future.
Saudi Arabia’s HUMAIN and Blackstone’s AirTrunk form US$3 B data-centre alliance