DataVolt and NEOM to develop region’s first net-zero AI factory
2 days ago · NEOM, Kingdom of Saudi Arabia, 10 February, 2025 – NEOM, the sustainable region taking shape in northwest Saudi Arabia, and DataVolt, a Saudi-based international developer, investor and operator of data centers, today signed a landmark agreement, marking a significant step toward realizing the Kingdom’s vision for a sustainable, data-driven ...
Saudi Arabia's Neom signed a $5 billion deal to build a huge AI data center
2 days ago · Saudi Arabia's Neom has signed a $5 billion deal to build an AI data center. Neom, which was launched in 2017, is a key part of Vision 2030 to diversify Saudi Arabia's economy.
DataVolt and NEOM announce $5 billion partnership to build 1.5 …
1 day ago · DataVolt and Saudi Arabian giga-project NEOM announced a US$5 billion partnership to establish the first fully sustainable AI data centre with a capacity of 1.5 gigawatts in Oxagon – the floating industrial city being developed in the Red Sea. Meanwhile, Mobily, the Saudi Arabian telecommunications services company, announced an investment of ...
Neom and DataVolt to build 1.5GW AI data center in Oxagon for …
3 days ago · Neom and DataVolt have signed an investment agreement to build a 1.5GW AI data center in Oxagon for $5 billion. The initial investment has been made by DataVolt and is expected to cater for phase 1 of the 1.5GW data center development in Oxagon. The first phase of construction will be completed by 2028, marking the data center operational.
Neom, Saudi Arabia’s Dystopian Desert City Project ... - Gizmodo
1 day ago · On Tuesday, the deal between Neom (a private company owned by the nation’s Public Investment Fund) and a sustainable data center developer named DataVolt was announced via press release. Neom ...
Saudi Arabia’s Neom Signs $5 Billion Deal for AI Data Center
2 days ago · 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. The deal with Saudi-based DataVolt will ...
NEOM, DataVolt Launch Sustainable AI Project in Oxagon with $5 …
2 days ago · NEOM, February 10, 2025, SPA -- NEOM signed a partnership agreement with DataVolt, a Saudi company specializing in the investment, development, and operation of data centers worldwide, to design and develop a large-scale artificial intelligence-powered data center with a total capacity of 1.5 gigawatts. The partnership marks a significant step toward achieving Saudi Vision 2030 by building a ...
Saudi Neom, DataVolt sign agreement for $5 billion AI project
3 days ago · 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 ...
TONOMUS launches NEOM’s first digital communications facility
Jul 18, 2023 · The Center will power a software-driven network and secure private cloud that is projected to service up to 60 locations, some 1,800 structures, approximately 300,000 construction staff needed at NEOM by 2025 and 200 million IoT devices by 2030.
Saudi’s NEOM, DataVolt to Build $5 Billion Net Zero AI Data Center
2 days ago · Saudi Arabia’s development megaproject NEOM and Riyadh-based sustainable data center developer DataVolt announced that they have signed a new agreement, aimed at establishing a “net-zero AI factory campus in NEOM’s Oxagon region. The agreement includes plans for $5 billion of investment in its first phase, establishing a 1.5 …
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