AI Prediction Index

Tareq Amin

Chief Executive Officer of Humain

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“HUMAIN will launch a large global venture capital fund — potentially even bigger than the planned $10 billion vehicle — this year [2026], with offices in the US, Saudi Arabia, France and the UK: it 'will be really large as we want to be able to accelerate the pace of investment.'”

Chief Executive Officer of Humain

Said Sep 3, 2026Deadline Dec 31, 2026Semafor exclusive interview, 3 September 2026

As of late September 2026 the fund had not yet launched; Amin separately said it could come in above the $10 billion target by year-end.

Energy & Data CentersPartially correct
“Humain's first two data centers, in Riyadh and in Dammam in the Eastern Province, each with an initial capacity of up to 100MW, are expected to launch in the second quarter of 2026.”

Chief Executive Officer of Humain

The sites were built but slipped past the Q2 target: AMD, Cisco and HUMAIN announced on 31 August 2026 that a 100MW MI355X-based deployment was live and serving customers in the Kingdom, roughly a quarter later than promised, with chip-export approvals the main constraint.