Blackstone, Saudi AI Firm Humain Ink $3 Billion Data Center Deal

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Private equity giant Blackstone Inc. is partnering with Saudi Arabia’s new artificial intelligence company, Humain, to build data centers in the kingdom with an initial investment of about $3 billion.

AirTrunk, owned by Blackstone and Canada Pension Plan Investment Board, will work alongside Humain to develop a long-term partnership focused on financing, developing, and operating data centers and AI infrastructure throughout Saudi Arabia, the firms said in a statement on Tuesday.

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