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 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'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 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.
NEOM, Datavolt Partner on $5 Billion Sustainable AI Project
Riyadh: NEOM has signed a strategic partnership with Saudi-based Datavolt, a global leader in data center investment, development, and operations, to establish a large-scale AI-powered data center with a total capacity of 1.
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 joins hands with DataVolt to launch $5bn net-zero AI project
NEOM, the sustainable region taking shape in northwest Saudi Arabia, and DataVolt, a Saudi-based international developer, investor and operator of data centers, today (February 10) signed a landmark agreement, marking a significant step toward realising the kingdom’s vision for a sustainable, data-driven economy.
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.
Datacenter Dynamics1d
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 ...
intelligentcio1d
DataVolt and NEOM announce $5 billion partnership to build 1.5 GW AI data centre in Oxagon
DataVolt and Saudi Arabian giga-project NEOM announced a US$5 billion partnership to establish the first fully sustainable AI ...
Zawya2d
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 ...
New Atlas19h
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 ...