Saudi Humain invests $3 billion in Elon Musk's xAI, becomes significant minority shareholder

• Saudi Arabia's state-backed AI firm Humain invested $3 billion in Elon Musk's xAI.
• The investment makes Humain a "significant minority shareholder" in xAI.
• Humain's xAI holdings will convert into SpaceX shares following SpaceX's takeover of xAI.
• Humain, backed by Saudi Arabia's sovereign wealth fund, launched last May to diversify the economy.
• xAI faces scrutiny over AI misuse, including misinformation and inappropriate imagery, as seen with Grok's editing feature.