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AI, Saudi Arabia and NEOM
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 to invest $5 bn in AI data center
A Saudi company will invest $5 billion to build an artificial intelligence data center in the futuristic city of NEOM, state media reported.
Saudi Arabia's Neom 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 Arabia To Invest $5 Billion In AI Data Centre
A Saudi company will invest $5 billion to build an artificial intelligence data centre in the futuristic city of NEOM, state media reported.
NEOM announces $5bn AI data centre in Oxagon, Saudi Arabia
NEOM partners with DataVolt to develop a $5bn AI-powered data centre in Oxagon, Saudi Arabia NEOM signed a partnership agreement with DataVolt to design and develop a large-scale artificial intelligence-powered data centre with a total capacity of 1.5 gigawatts.
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.
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,
اخبار 24
5m
Recent investments in Oxagon total $14B: Exec
Howard Wu, Executive Director of International Investments and Manufacturing at Oxagon, said the project to develop a artificial intelligence (AI)-dri ...
New Atlas
2h
As its megacities continue to grow, Saudi Arabia bets big on AI
Nobody can reasonably accuse Saudi Arabia of lacking ambition. Along with all the other projects it has going on at the ...
Datacenter Dynamics
1d
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 ...
MEED
1d
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 ...
Zawya
1d
DataVolt signs agreement with NEOM to design and develop the region’s first truly sustainable, net-zero AI factory campus in Oxagon
An initial investment of USD 5 billion by DataVolt will fund the first phase of the factory’s development, expected to be ...
4h
Investors back Saudi AI ambitions, pledging $20B during tech conference
Among the biggest projects is a $5 billion green AI data center in NEOM’s Oxagon, the futuristic industrial zone on the Red ...
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