HUMAIN Invests $3B in xAI
HUMAIN invested $3 billion in xAI's Series E funding round. The investment occurred just before xAI's acquisition by SpaceX, converting HUMAIN's holdings into a significant minority share in the merged entity.
- The acquisition of xAI by SpaceX on February 2, 2026, resulted in a combined entity valued at $1.25 trillion. The stated goal of the merger is to overcome the electricity and cooling capacity limits of Earth-based data centers by moving AI compute infrastructure into orbit. - SpaceX intends to use its Starship launch vehicle to build and deploy these orbital data centers, which would be powered by solar energy, enabling a massive scale of AI computation. - xAI's main product is the generative AI chatbot, Grok, which is integrated with the social media platform X for real-time data access. The company's product line also includes Grok Voice for real-time conversation, Grok Imagine for video and image generation, and an AI-powered encyclopedia named Grokipedia. - The investment is part of xAI's significant fundraising efforts, which included a $6 billion Series B round in May 2024 and a larger $20 billion Series E round completed in January 2026. - HUMAIN is a Saudi Arabian AI company owned by the Public Investment Fund (PIF) and was launched in May 2025. Its creation is a key part of Saudi Arabia's Vision 2030, a national strategy to diversify the economy away from oil and establish the kingdom as a global AI leader. - The merger creates a highly vertically integrated technology company, combining xAI's model development, SpaceX's launch and satellite infrastructure, Starlink's global connectivity, and X's vast data stream and distribution network. - To train its models, xAI built the Colossus supercomputer, one of the world's largest AI training clusters, which housed over one million H100 GPU equivalents by the end of 2025.
