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.
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 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.
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, DataVolt to launch $5B AI factory in Oxagon
NEOM and DataVolt, a Saudi-based international developer, investor and operator of data centers, signed a partnership agreement to design an AI factor
LEAP 2025: AI data centre, key tech deals signed
The data centre will boast of a a capacity of 1.5 gigawatts in Oxagon – the floating industrial city being developed in the Red Sea
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,
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 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.
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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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NEOM & Datavolt to Develop USD 5 Billion AI Powered Data Centre
NEOM has entered a deal with Saudi-based international data management company, Datavolt, to develop an AI powered data ...
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Why NEOM’s THE LINE will take 100 years to be fully realised
Key developments on NEOM's infrastructure, transport and economic expansion plans were announced by its chief development ...