AI BUYOUT
Saudi Arabia’s Humain took $3 billion stake in xAI
The investment, which was part of a $20 billion funding round last month, will be converted into SpaceX shares
Krisztian Bocsi/Bloomberg via Getty Images
Elon Musk at the World Economic Forum
Add The Circuit on GoogleSaudi Arabia’s flagship artificial intelligence company Humain invested $3 billion in Elon Musk’s xAI shortly before it was acquired by his space exploration company, SpaceX, as the kingdom competes with its neighbors to become a regional AI powerhouse.
