Humain, the Saudi Arabian AI company backed by the Public Investment Fund, is forming an internal team to prepare for a potential initial public offering. Chief Executive Officer Tareq Amin sought candidates on LinkedIn with experience at major management consultancies for a small group focused on IPO preparation. Founded in May 2025 under PIF, Humain has previously signaled ambitions for a dual listing on the Saudi exchange and Nasdaq, potentially around 2028 or 2029 based on an earlier three- to four-year timeline from late 2025. The company is developing AI infrastructure and Arabic-language models and has partnerships with Nvidia, Qualcomm and Google. It is exploring at least $5 billion in data-center financing and a separate $2.5 billion fundraising effort for dedicated investments. Earlier plans called for a $2.5 billion data-center fund supporting 250 megawatts of capacity with Al Moammar Information Systems, with the broader project potentially reaching 1 gigawatt.