Saudi Aramco bets on AI transformation: Building the world's third largest artificial intelligence powerhouse with cheap energy.

Wisdom Financial APP has learned that Amin Nasser, CEO of Saudi Aramco, the world's largest oil company, publicly stated that Saudi Arabia will rely on its abundant cheap natural gas and renewable energy resources to drive the country's transformation into a global leader in the field of artificial intelligence. Earlier, Saudi Aramco disclosed its plans in late October to acquire a large minority stake in the emerging artificial intelligence company Humain. Humain was founded in May 2025, with the controlling shareholder being the Saudi sovereign wealth fund PIF.