{"id":993788,"date":"2026-02-19T09:31:03","date_gmt":"2026-02-19T04:01:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=993788"},"modified":"2026-02-19T09:53:13","modified_gmt":"2026-02-19T04:23:13","slug":"saudis-humain-invested-3-billion-in-xais-series-e-funding-round","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/19\/saudis-humain-invested-3-billion-in-xais-series-e-funding-round\/","title":{"rendered":"Saudi&#8217;s Humain invested $3 billion in xAI&#8217;s Series E funding round"},"content":{"rendered":"<p>Saudi Arabia&#8217;s Humain, the kingdom&#8217;s artificial intelligence company, said on Wednesday it had invested $3 billion in Elon Musk&#8217;s xAI as a part of its Series E funding round just prior \u200cto \u2060its acquisition \u2060by SpaceX.<\/p>\n<p>The investment made Humain a &#8220;significant&#8221; minority shareholder, with its xAI holdings converted into SpaceX shares, it said.<\/p>\n<p>Saudi Arabia is boosting its artificial intelligence ambitions as it seeks to capitalize on the growing \u2060demand for \u200ccompute capacity and diversify revenue sources away from oil.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia&#8217;s Humain, the kingdom&#8217;s artificial intelligence company, said on Wednesday it had invested $3 billion in Elon Musk&#8217;s xAI as a part of its Series E funding round just prior \u200cto \u2060its acquisition \u2060by SpaceX. The investment made Humain a &#8220;significant&#8221; minority shareholder, with its xAI holdings converted into SpaceX shares, it said. Saudi Arabia is boosting its artificial intelligence ambitions as it seeks to capitalize on the growing \u2060demand for \u200ccompute capacity and diversify revenue sources away from oil.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-993788","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/993788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=993788"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/993788\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=993788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=993788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=993788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}