Skip to main content

Saudi-Backed Humane Invests $3 Billion in xAI Before SpaceX Acquisition

In a significant move highlighting Saudi Arabia's growing influence in the global AI landscape, Humane, a company supported by the Public Investment Fund (PIF), announced a strategic $3 billion investment in xAI. This major Series E funding round took place just before SpaceX completed its acquisition of xAI last February.

1 1 Updated 1 min read
Saudi-Backed Humane Invests $3 Billion in xAI Before SpaceX Acquisition
In a move that really shows Saudi Arabia's increasing presence in the global race for artificial intelligence, Humane, a company backed by the Public Investment Fund (PIF), announced a strategic $3 billion investment in xAI. This big investment was part of a Series E funding round and happened right before SpaceX acquired xAI last February.
Saudi-Backed Humane Invests $3 Billion in xAI Before SpaceX Acquisition

Related editorial

  • AI is Making E-commerce and Software Smarter: Google and Anthropic Lead the Way

    Technology & Innovation

    AI is Making E-commerce and Software Smarter: Google and Anthropic Lead the Way

    <p>Updating old software systems used to be a real headache because of complex code and a shortage of specialized developers. But guess what? Generative AI tools are changing that! They're making it possible to quickly update this code and transform it into modern, super-efficient systems.</p>

    1 1·6 min read·3/7/2026
  • Pointer-CAD: New AI Framework Makes 3D Design Smarter and Faster

    Startups & Entrepreneurship

    Pointer-CAD: New AI Framework Makes 3D Design Smarter and Faster

    <p>A new AI framework called Pointer-CAD, powered by Alibaba's Qwen 2.5 model, is set to transform 3D design. It helps engineers and designers pinpoint details in 3D models with much greater accuracy, making the design process smoother and more efficient.</p>

    1 1·4 min read·3/7/2026