DataVolt and Saudi Arabian giga-project NEOM announced a US$5 billion partnership to establish the first fully sustainable AI ...

Hickey revealed that NEOM’s development efforts are concentrated on six regions: four tourism destinations—Trojena, Magna, The Islands, and the Nature Reserve—and two urban hubs, The Line and Oxagon .

Under the agreement, the project will be implemented in Oxagon, NEOM’s hub for clean and advanced industries, and will be executed in phases. The first phase will receive an initial investment of $5bn ...

The development will take a phased approach, with phase one – funded by an initial investment of $5 billion – expected to be operational by 2028, NEOM said in a statement. Aligning with Oxagon’s ...