As a result, the agreement supports the development of AI and digital infrastructure projects across Saudi Arabia.
According to HUMAIN, the Framework Agreement sets out non-binding financing terms for the development of up to 250 MW of hyperscale AI data centre capacity.
The data centres will use GPUs for AI training and inference and will serve HUMAIN’s local, regional and global customers.
HUMAIN and Infra have also agreed to explore setting up an AI data centre investment platform, which would be backed by both organisations and designed to attract global and local institutional investors to support the expansion of HUMAIN’s AI strategy.
HUMAIN CEO, Tareq Amin, said: “Demand growth for advanced compute is intensifying, and this Framework Agreement positions HUMAIN to respond with speed and scale. In partnership with Infra, our goal is to deliver world-class AI data centre infrastructure that enterprises can rely on as their compute needs grow more complex.”
Infra CEO, Eng. Esmail Alsallom, continued: “Today’s Framework Agreement is an important step in expanding Infra’s role of unlocking infrastructure investment opportunities in the Kingdom.
“Our partnership with HUMAIN will activate new pathways to grow institutional investment and develop the digital economy through enabling AI infrastructure.”
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