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 ...
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 ...
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 ...
Neuralink competitor Paradromics secures investment from Saudi Arabia's Neom
Neom is a developing area within northwest Saudi Arabia that's touted as "a hub for innovation," according to its website. The area's strategic investment arm, the Neom Investment Fund, led the ...
TMCnet1d
NEOM Investment Fund partners with Paradromics to drive innovation in neurotechnology healthcare
The partnership with Paradromics is part of a growing portfolio of disruptive technology investments by the NIF, underscoring ...
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 ...