Saudi Wealth Fund to Sharpen Focus on Building Global Champions

Saudi Arabia’s $1 trillion wealth fund plans to sharpen its focus on portfolio companies like artificial intelligence firm Humain in coming years, with an eye on attracting investors and building some of its subsidiary firms into global champions.

Besides Humain, the Public Investment Fund intends to put more emphasis on firms like manufacturer Alat, aircraft lessor AviLease and new airline Riyadh Air in its 2026-2030 investment strategy, according to people familiar with the matter.