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- HUMAIN invested $3 billion in xAI's Series E round just prior to its acquisition by SpaceX, positioning itself at a pivotal moment of platform-scale expansion and integration
- As a result of the transaction, HUMAIN became a significant minority shareholder, with its xAI holdings converted into SpaceX shares
- The investment builds on HUMAIN and xAI's 500MW AI infrastructure partnership in Saudi Arabia, reinforcing HUMAIN's role as both a strategic development partner and a leading global investor in frontier AI technologies
RIYADH, Saudi Arabia, Feb. 18, 2026 /PRNewswire/ -- HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, today announced a $3 billion strategic investment in xAI as part of the company's Series E financing round. The transaction represents a significant, end-to-end capital deployment for HUMAIN, reflecting continued momentum in its long-term investment strategy focused on category-defining technology platforms.
The investment comes at a highly compelling inflection point for xAI, preceding its acquisition by SpaceX in early February. The combination of xAI's advanced artificial intelligence capabilities with SpaceX's scale, infrastructure, and mission-driven engineering creates a uniquely positioned platform for accelerated growth, deep technological integration, and long-term value creation.
As a result of the Series E transaction, HUMAIN became a significant minority shareholder in xAI, with its holdings subsequently converted into shares in SpaceX. The transaction creates a solid platform for HUMAIN's exposure to long-term equity upside, reflecting participation in xAI's final financing round ahead of the merger.
"This investment reflects HUMAIN's conviction in transformational AI and our ability to deploy meaningful capital behind exceptional opportunities where long-term vision, technical excellence, and execution converge," said Tareq Amin, CEO of HUMAIN. "xAI's trajectory, further strengthened by its acquisition by SpaceX, one of the largest technology mergers on record, represents the kind of high-impact platform we seek to support with significant capital."
HUMAIN's participation in the Series E round reinforces its role as a scaled, long-term strategic investor capable of supporting companies across multiple stages of growth, while delivering full-stack AI capabilities across four core areas: next-generation data centers; high-performance infrastructure and cloud platforms; advanced AI models; and transformative AI solutions.
The investment builds on the large-scale partnership announced in November 2025 at the U.S.-Saudi Investment Forum, under which HUMAIN and xAI committed to jointly develop more than 500MW of next-generation AI data center and compute infrastructure and to deploy xAI's Grok models in Saudi Arabia. Together, these initiatives deepen long-term alignment and extend HUMAIN's role from strategic partner to leading global shareholder in xAI.
Looking ahead, HUMAIN's strategy includes the pursuit of additional investments across artificial intelligence, frontier technologies, and critical infrastructure.
About HUMAIN
HUMAIN, a PIF company, is a global artificial intelligence company delivering full-stack AI capabilities across four core areas: next-generation data centers; hyper-performance infrastructure and cloud platforms; advanced AI models, including some of the world's most advanced Arabic large language models developed in the Arab world; and transformative AI solutions that combine deep sector insight with real-world execution.
HUMAIN's end-to-end model serves both public and private sector organizations, unlocking value across industries, driving digital transformation, and strengthening capabilities through human–AI collaboration. With a growing portfolio of sector-specific AI products and a core mission focused on intellectual property development and global talent leadership, HUMAIN is engineered for international competitiveness and technological excellence.
Forward-Looking Statement:
This press release may contain forward-looking statements based on current expectations and assumptions. Actual results may differ materially due to various risks and uncertainties. HUMAIN undertakes no obligation to update these statements.
Media Inquiries:
For further details about HUMAIN, please visit humain.com.
For Media inquiries, please contact:
Hana Nemec, Head of Communications & PR
pr@humain.com
Follow HUMAIN on: X | LinkedIn
- HUMAIN invested $3 billion in xAI's Series E round just prior to its acquisition by SpaceX, positioning itself at a pivotal moment of platform-scale expansion and integration
- As a result of the transaction, HUMAIN became a significant minority shareholder, with its xAI holdings converted into SpaceX shares
- The investment builds on HUMAIN and xAI's 500MW AI infrastructure partnership in Saudi Arabia, reinforcing HUMAIN's role as both a strategic development partner and a leading global investor in frontier AI technologies
RIYADH, Saudi Arabia, Feb. 18, 2026 /PRNewswire/ -- HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, today announced a $3 billion strategic investment in xAI as part of the company's Series E financing round. The transaction represents a significant, end-to-end capital deployment for HUMAIN, reflecting continued momentum in its long-term investment strategy focused on category-defining technology platforms.
The investment comes at a highly compelling inflection point for xAI, preceding its acquisition by SpaceX in early February. The combination of xAI's advanced artificial intelligence capabilities with SpaceX's scale, infrastructure, and mission-driven engineering creates a uniquely positioned platform for accelerated growth, deep technological integration, and long-term value creation.
As a result of the Series E transaction, HUMAIN became a significant minority shareholder in xAI, with its holdings subsequently converted into shares in SpaceX. The transaction creates a solid platform for HUMAIN's exposure to long-term equity upside, reflecting participation in xAI's final financing round ahead of the merger.
"This investment reflects HUMAIN's conviction in transformational AI and our ability to deploy meaningful capital behind exceptional opportunities where long-term vision, technical excellence, and execution converge," said Tareq Amin, CEO of HUMAIN. "xAI's trajectory, further strengthened by its acquisition by SpaceX, one of the largest technology mergers on record, represents the kind of high-impact platform we seek to support with significant capital."
HUMAIN's participation in the Series E round reinforces its role as a scaled, long-term strategic investor capable of supporting companies across multiple stages of growth, while delivering full-stack AI capabilities across four core areas: next-generation data centers; high-performance infrastructure and cloud platforms; advanced AI models; and transformative AI solutions.
The investment builds on the large-scale partnership announced in November 2025 at the U.S.-Saudi Investment Forum, under which HUMAIN and xAI committed to jointly develop more than 500MW of next-generation AI data center and compute infrastructure and to deploy xAI's Grok models in Saudi Arabia. Together, these initiatives deepen long-term alignment and extend HUMAIN's role from strategic partner to leading global shareholder in xAI.
Looking ahead, HUMAIN's strategy includes the pursuit of additional investments across artificial intelligence, frontier technologies, and critical infrastructure.
About HUMAIN
HUMAIN, a PIF company, is a global artificial intelligence company delivering full-stack AI capabilities across four core areas: next-generation data centers; hyper-performance infrastructure and cloud platforms; advanced AI models, including some of the world's most advanced Arabic large language models developed in the Arab world; and transformative AI solutions that combine deep sector insight with real-world execution.
HUMAIN's end-to-end model serves both public and private sector organizations, unlocking value across industries, driving digital transformation, and strengthening capabilities through human–AI collaboration. With a growing portfolio of sector-specific AI products and a core mission focused on intellectual property development and global talent leadership, HUMAIN is engineered for international competitiveness and technological excellence.
Forward-Looking Statement:
This press release may contain forward-looking statements based on current expectations and assumptions. Actual results may differ materially due to various risks and uncertainties. HUMAIN undertakes no obligation to update these statements.
Media Inquiries:
For further details about HUMAIN, please visit humain.com.
For Media inquiries, please contact:
Hana Nemec, Head of Communications & PR
pr@humain.com
Follow HUMAIN on: X | LinkedIn
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
HUMAIN Backs xAI with $3 Billion Series E Investment Ahead of Historic SpaceX Merger
- Delivering stable UV measurement in extreme environments up to 250°C with GaN-based technology
- Strengthening its industrial UV measurement portfolio for global smart factory markets
SEOUL, South Korea, Feb. 19, 2026 /PRNewswire/ -- Genicom Co., Ltd. (CEO Jung-hwan Son), a specialist in ultraviolet (UV) detection and measurement technologies, announced its participation in AFPE 2026 (Asia Film & Flexible Packaging Expo), to be held in Shanghai, China, from June 24 to 26, 2026. At the event, Genicom will showcase the MG-12 Monitor / LO Probe Series, engineered to deliver reliable and stable UV measurement performance even in extreme industrial heat environments.
GaN-Based Technology for High-Temperature Resilience
The MG-12 Monitor / LO Probe Series incorporates Genicom's proprietary InAlGaN (Indium Aluminum Gallium Nitride)-based GaN sensor technology, enabling precise UV measurement in environments reaching temperatures of up to 250°C.
As thermal degradation is a common challenge in high-heat industrial processes, Genicom engineered this series with enhanced resilience in mind—from advanced sensor material selection to robust structural design.
Key Features of the MG-12 Series
- Dual Monitoring Display: Simultaneously presents Absolute Power (AP) and Relative Power (RP) for intuitive, real-time UV output tracking.
- Versatile Signal Output: Supports DC voltage (1–5 VDC), current (4–20 mA), and digital (0/5 VDC) outputs, ensuring seamless integration with diverse equipment control systems.
- Industrial Adaptability: A compact probe form factor allows installation in confined spaces within complex industrial machinery.
- Broad Application Spectrum: Optimized for UV lamp monitoring, water sterilization, air purification, and high-precision UV curing operations.
SEOUL, South Korea, Feb. 19, 2026 /PRNewswire/ -- Genicom Co., Ltd. (CEO Jung-hwan Son), a specialist in ultraviolet (UV) detection and measurement technologies, announced its participation in AFPE 2026 (Asia Film & Flexible Packaging Expo), to be held in Shanghai, China, from June 24 to 26, 2026. At the event, Genicom will showcase the MG-12 Monitor / LO Probe Series, engineered to deliver reliable and stable UV measurement performance even in extreme industrial heat environments.
GaN-Based Technology for High-Temperature Resilience
The MG-12 Monitor / LO Probe Series incorporates Genicom's proprietary InAlGaN (Indium Aluminum Gallium Nitride)-based GaN sensor technology, enabling precise UV measurement in environments reaching temperatures of up to 250°C.
As thermal degradation is a common challenge in high-heat industrial processes, Genicom engineered this series with enhanced resilience in mind—from advanced sensor material selection to robust structural design.
Key Features of the MG-12 Series
Proven Global Expertise in UV Technology
This showcase follows Genicom's participation in C-TOUCH & DISPLAY SHENZHEN 2025, where the company introduced its high-temperature UV measurement capabilities to more than 150,000 industry visitors. Through AFPE 2026, Genicom aims to further strengthen its position in the global industrial UV sensor market.
A company representative stated,
"For over 25 years, we have addressed the evolving needs of industrial environments through advanced InAlGaN-based UV detection and measurement technologies. At AFPE 2026, we look forward to demonstrating how stable sensor solutions can expand the scope of industrial UV measurement applications worldwide."
Detailed information on Genicom's full UV technology lineup, including its professional UV brand GenUV, is available on the official website.
Website: http://www.geni-uv.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Genicom to Showcase High-Temperature UV Sensor Solutions at AFPE 2026 in Shanghai
