Humain - eriinfo

HUMAIN and Infra Announce AI and Digital Financing Framework Agreement

eriinfo.com2 weeks ago03 mins

HUMAIN and the National Infrastructure Fund (“Infra”) announced on the sidelines of the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Switzerland, a Strategic Financing Framework Agreement of up to $1.2 billion to support the expansion of AI and digital infrastructure projects in the Kingdom of Saudi Arabia. The Framework Agreement outlines non-binding financing…

Luma AI raises 0 million in funding led by Saudi AI firm Humain

Luma AI raises $900 million in funding led by Saudi AI firm Humain

eriinfo.com3 months ago06 mins

Thomas Fuller | SOPA Images | Lightrocket | Getty Images Video generation startup Luma AI said it raised $900 million in a new funding round led by Humain, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund. The financing, which included participation from Advanced Micro Devices’ venture arm and existing investors Andreessen Horowitz,…