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AI, NEOM and Saudi Arabia
Neom, Saudi Arabia’s Dystopian Desert City Project, Announces $5 Billion AI Data Center
The urban development project has often seemed pie-in-the-sky. A new "energy efficient" data center project promises more of the same.
Saudi Arabia's Neom has signed a $5 billion deal to build a huge AI data center
The 1.5-gigawatt factory is expected to be in use by 2028. It comes as Saudi Arabia and the UAE compete to spearhead AI efforts in the Middle East.
Saudi Neom, DataVolt sign agreement for $5 billion AI project
Saudi Arabia's NEOM, a Red Sea urban and industrial development, has signed a deal with DataVolt to develop a 1.5 gigawatt (GW) net zero artificial intelligence project in its Oxagon industrial zone,
Neom and DataVolt announce $5bn data centre project
Founded in 2023, DataVolt previously announced a plan to invest $5bn in developing data centres across Saudi Arabia, without specifying the project's location. DataVolt is a wholly owned subsidiary of Saudi public-private partnership-focused developer and investor Vision Invest.
DataVolt plans 1.5GW data center campus in Neom’s Oxagon
At the LEAP 2025 event this week DataVolt and Neom signed a $5bn agreement to develop a 1.5GW data center campus in Neom’s Oxagon industrial area. The first 300MW phase of the site will reportedly go live in 2028. Further details were not shared.
Saudi Arabia’s Neom Signs $5 Billion Deal for AI Data Center
Saudi Arabia’s Neom, the megacity being developed on the Red Sea coast, secured a $5 billion investment from a local firm to establish an AI data center.
Saudi Neom, Datavolt sign agreement to launch $5 billion AI project
Saudi's NEOM, a Red Sea urban and industrial development, signed on Monday an agreement with DataVolt to develop a 1.5 GW net zero artificial intelligence project in the Saudi development's Oxagon industrial zone,
NEOM and DataVolt Forge Partnership to Propel Saudi Arabia’s Data-Driven Future
NEOM and DataVolt have entered into a landmark agreement, marking a significant step toward realizing Saudi Arabia’s vision for a sustainable, data-driven economy. This collaboration aims to establish advanced data centers within NEOM,
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17h
"More than $50 billion has been spent so far" on Neom
Construction of the Neom region in northwest Saudi Arabia has so far cost more than $50 billion, according to the project's ...
Zawya
36m
Saudi: LEAP 2025 continues groundbreaking deals with over $7.5bln in tech, AI investments
In addition, SkyFive has highlighted Saudi Arabia's growing role as a regional hub for technological innovation by unveiling ...
1d
A Blueprint For The Future: Global Lessons In Sustainability From Saudi Arabia’s Vision 2030
A key pillar of Vision 2030 is sustainable development, a commitment to creating modern infrastructure and cities while ...
1d
on MSN
Saudi Drama Against The Patriarchy ‘Hobal’ Beats Hollywood Titles Becoming Fast-Growing Local Hit
Saudi drama 'Hobal' is beating Hollywood titles including "Mufasa: The Lion King" at the Saudi box office, rapidly becoming a ...
1d
on MSN
Saudi’s BRKZ closes $17M Series A for its construction tech platform
Construction procurement is highly fragmented, manual, and opaque, forcing contractors to juggle multiple suppliers, endure ...
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