Saudi Arabia, AI and NEOM

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.
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.
Saudi Arabia to invest $5 bn in AI data center
A Saudi company will invest $5 billion to build an artificial intelligence data center in the futuristic city of NEOM, state media reported.
Billions invested in AI, data centers at Saudi's LEAP summit: What to know
The four-day event saw billions of dollars worth of investment poured into artificial intelligence projects — many of them in Saudi Arabia.
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 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,
Data Centers: Powering AI And Avoiding Obsolescence
As artificial intelligence (AI) continues to shape the digital landscape, conversations around the future of traditional data ...
Vertiv Holdings Stock Sinks on Slowing AI Data Center Demand Concerns
Key Takeaways Vertiv Holdings shares tumbled Wednesday on worries about the growth of artificial intelligence data ...
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‘Every data center is becoming an AI data center’: The state of data centers in 2025
A new report on the state of the data center industry describes navigating "unprecedented innovation [and] explosive data ...
Power Engineering13h
AI’s power play: Meeting the growing energy demands of data centers
AI and data centers are reshaping the energy landscape and market participants are scrambling to meet skyrocketing power ...
AMD's AI Data Center Revenue Soars but Shares Sink. Is It Time to Buy the Stock on the Dip?
Advanced Micro Devices ( AMD -2.36%) shares fell following its Q4 earnings report as its data center revenue soared but still ...
EdgeCore Digital Infrastructure Implements Strategic Personnel Expansions to Dynamically Address Data Center Industry Growth
Requirements of AI and Cloud Innovation Spur Proactive Changes in Operations, Strategy and Government Relations Divisions ...
Nokia Names Intel’s Data Center and AI Head Justin Hotard as New CEO
The company appointed Hotard as it moves to diversify and search for new growth areas outside of its traditional telecom ...
NiSource: Solid Guidance And Data Center Upside Make Shares Attractive
NiSource surges 50% on AI-driven data center growth in Indiana, with rising EPS, strong dividends, and $19.4B capex program.
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Nvidia Seeks To Tap Into Global Real Estate Firm’s Data Center Business
Nvidia told CRN that it has recently partnered with global real estate firm CBRE to tap into the company’s data center ...