Aramco acquires 49 per cent stake in Saudi AI firm
Saudi oil company Aramco has taken a 49 per cent stake in a Saudi artificial intelligence company.
Aramco, one of the largest oil producers in the world, has acquired a 49 per cent stake in a Saudi AI company. The move marks the energy group's entry into a 49 per cent shareholding in a company focused on artificial intelligence within the kingdom. The development was reported on 1 November 2026.