Neom, DataVolt

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 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 Neom, DataVolt sign agreement for $5bln AI project
CAIRO - 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, the Saudi state news agency reported on Monday.
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.
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 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.
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.
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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 ...
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 ...
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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 ...
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DataVolt to develop net-zero AI factory campus in Oxagon
Headquartered in Saudi Arabia, with offices currently in the USA, Uzbekistan, India, and the UAE, DataVolt has strong global ambitions spanning across the Middle East, Africa, and Asia. DataVolt’s ...
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BCI maker Paradromics picks up strategic investment from Saudi Arabia
Paradromics announced today that it received a strategic investment from NEOM, a region taking shape in Saudi Arabia.