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Saudi Aramco acquires 49% of AI startup Humain

Saudi Aramco acquired a 49% stake in AI startup Humain, GamesBeat reported. Its contribution includes approximately $2.6B in cash in 2026, along with AI, compute and digital assets. Saudi Arabia's Public Investment Fund retains a 51% stake, keeping majority ownership of the startup.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Products Infrastructure
Products Infrastructure

Marvell announces $115 billion Lumentum acquisition

Marvell announced plans to acquire optical-component maker Lumentum for $115 billion, SiliconANGLE reported. Lumentum shareholders would receive 4.5 Marvell shares for each share they own. Marvell expects the transaction to close in the first half of 2028.

AI Capital
AI Capital

Trajectory raises $45 million and opens model post-training platform

Trajectory has raised $45 million in Series A funding at a $300 million valuation and is making its model post-training platform publicly available, TechCrunch reported. Sequoia led the round, with participation from Nvidia, Bessemer Venture Partners and Bain Capital Ventures.

Capital
Capital

Larridin raises $30 million to measure enterprise AI spending

Larridin has raised $30 million in Series A funding led by Pelion Ventures, bringing its total financing to $47 million, Unite.AI reported. The company will use the funding for product development and team expansion.

AI Capital
AI Capital

Clark raises $11M and launches AI agents for audit work

Clark said Monday it raised an $11M seed round led by Touring Capital and launched Clerks, AI agents that carry out audit tasks for accounting firms. Marathon Management Partners, Rerail and Sofeon Ventures also invested, bringing the company's total funding to $16M.

Robotics AI
Robotics AI

Tutor raises $75M Series B led by a16z

Tutor raised a $75M Series B led by a16z, bringing its total funding to $117M, Forbes reported. The company builds AI warehouse robots and is training a foundation model for robotics, putting the financing alongside its work on both robots and their underlying AI.