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Home»Business & Economy»AI firm Humain targets dual IPO in Saudi Arabia and US within 4 years
Business & Economy

AI firm Humain targets dual IPO in Saudi Arabia and US within 4 years

Emirates InsightBy Emirates InsightOctober 30, 2025No Comments
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AI firm Humain targets dual IPO in Saudi Arabia and US within 4 years
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Saudi artificial intelligence company Humain plans to list on the Saudi and Nasdaq exchanges within the next four years, its chief executive said on Tuesday, outlining the company’s ambitions to expand globally.

“I have no doubt in three to four years this company must be listed, and I hope that it gets listed here and in Nasdaq as well. Our ambition is really massive,” CEO Tareq Amin told reporters on the sidelines of the Future Investment Initiative (FII) in Riyadh.

Humain, launched in May under the Public Investment Fund (PIF), is part of Saudi Arabia’s strategy to become a global hub for AI technology and diversify its economy under the Vision 2030 programme.

The CEO said Humain had entered into a partnership with Blackstone-backed AirTrunk to develop data centre projects in Saudi Arabia, starting with an initial investment of around $3 billion to build a large-scale data centre campus in the kingdom.

He added that one of Humain’s major suppliers of AI chips was considering an investment in the company, though he did not name the supplier. Humain sources chips from NVIDIA, AMD, Qualcomm and Groq for its data centres and multi-agent AI platform.

At the conference, the company launched Humain One, a new computer operating system that relies on artificial intelligence and moves away from traditional icon-based systems used since the 1980s.

“It is the first time since 1985 that we depart from the traditional operating system. This is a true AI operating system with AI agents now to manage everything and anything you need,” Amin said.

Humain One is already deployed across Saudi government entities and in pilot programmes with three PIF-affiliated companies, with plans to expand globally.

Amin said the company has a partnership with Google, plans to announce a collaboration with Amazon Web Services, and has held discussions with OpenAI, the developer of ChatGPT.

Courtesy: link

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