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AI, NEOM and Saudi Arabia

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.

Business Insider on MSN · 19h

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.

Bloomberg L.P. · 1d

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.

U.S. News & World Report · 1d

Saudi Neom, Datavolt Sign Agreement to Launch $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,

Arabian Post on MSN · 1d

NEOM and DataVolt Forge Partnership to Propel Saudi Arabia’s Data-Driven Future

NEOM and DataVolt have entered into a landmark agreement, marking a significant step toward realizing Saudi Arabia’s vision for a sustainable, data-driven economy. This collaboration aims to establish advanced data centers within NEOM,

1d

AI chip startup Groq secures $1.5 billion commitment from Saudi Arabia

U.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the ...

Salesforce bets big on Saudi Arabia with 500M USD AI investment

Cloud giant to establish regional headquarters in Riyadh and upskill 30,000 citizens in AI, solidifying commitment to Saudi ...

Zain KSA, Huawei sign MoU to enhance Hajj 2025 digital experience with AI and data analytics

Developing innovative AI and data analytics solutions to enhance the efficiency of services provided to pilgrims ...

Datacenter Dynamics19h

Groq secures $1.5bn from Saudi Arabia to expand AI inference infrastructure in the region

AI chip company Groq has secured a $1.5 billion investment from Saudi Arabia to expand AI inference infrastructure in the ...

1don MSN

Salesforce plans $500 million in AI-related investments in Saudi Arabia

Cloud software seller Salesforce said on Monday that it plans to invest $500 million in Saudi Arabia related to artificial ...

اخبار 242d

Saudi Arabia Solidifies Its Position as a Regional and Global Hub for AI with $14.9B in Investments at LEAP25

LEAP 2025, a global technology movement, has unveiled the largest-ever package of tech investments in the world, totalin ...

KPMG and Edarat launch strategic partnership to accelerate AI adoption in Saudi Arabia

KPMG in recent years has double-downed on its Digital and Innovation advisory services portfolio, particularly in the domain ...

Gulf Business on MSN1d

DeepFest 2025 showcases Saudi Arabia’s AI ambitions

Calling DeepFest 2025 “an event where we can see the future unfold before our eyes”, Alwigait highlighted Saudi Arabia’s AI ...

16h

Meta In Talks To Buy Korean AI Chip Startup Founded By Samsung Engineer

Seoul-based FuriosaAI was founded in 2017 and is led by June Paik, who previously worked at Samsung Electronics and AMD.

Saudi: LAHINT closes $1mln pre-seed funding round at LEAP 2025

Riyadh – Saudi Arabia-based LAHINT e-services platform has closed a $1 million pre-seed funding round from undisclosed ...

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