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Saudi-Backed Humane Invests $3 Billion in xAI Before SpaceX Acquisition

In a significant move highlighting Saudi Arabia's growing influence in the global AI landscape, Humane, a company supported by the Public Investment Fund (PIF), announced a strategic $3 billion investment in xAI. This major Series E funding round took place just before SpaceX completed its acquisition of xAI last February.

1 min read
Saudi-Backed Humane Invests $3 Billion in xAI Before SpaceX Acquisition

In a move that really shows Saudi Arabia's increasing presence in the global race for artificial intelligence, Humane, a company backed by the Public Investment Fund (PIF), announced a strategic $3 billion investment in xAI. This big investment was part of a Series E funding round and happened right before SpaceX acquired xAI last February.

Saudi-Backed Humane Invests $3 Billion in xAI Before SpaceX Acquisition

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