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Government fundRiyadh, Saudi Arabia

Public Investment Fund (PIF)

Saudi Arabia's sovereign wealth fund and the financial engine of Vision 2030. Since 2025, PIF has stood up HUMAIN, a wholly owned national AI company mandated to build the full stack - data centres, cloud, models and applications - and continued to grow Alat, its AI-hardware and semiconductor manufacturing arm, alongside its long-standing role as an anchor LP in SoftBank's Vision Fund.

Visit pif.gov.sa (opens in a new tab)See all government funds

Companies it has backed

Only deals we could confirm for Public Investment Fund (PIF) - each one links to where it was reported.

  1. HUMAIN (opens in a new tab)

    Wholly owned; launched May 2025

    Saudi Arabia's national AI company, building models, cloud and data-centre capacity; raising a reported $2.5B data-centre fund (2026).

    Source: pif.gov.sa (opens in a new tab)

  2. Alat

    Saudi manufacturing company building AI-hardware and semiconductor capacity.

    Source: en.wikipedia.org (opens in a new tab)

What it invests in

  • National AI infrastructure
  • AI data centres
  • Semiconductors & AI hardware
  • Frontier AI (via HUMAIN)

People

Yasir Al-Rumayyan
Governor

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