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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 · 17h

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,

US chip firm Groq secures $1.5bn Saudi expansion

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 delivery of its advanced AI chips to the country.

Datacenter Dynamics · 16h

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 country. The chip company has an existing partnership with Aramco Digital in the region, under which Groq will provide the necessary scalable infrastructure to bring the voice-commanded generative AI model Norous to market.

Intellinews on MSN · 11h

US chip firm Groq secures $1.5bn Saudi expansion as Paris weighs AI rules

By bnm Gulf bureau US semiconductor startup Groq has secured a $1.5bn commitment to expand its artificial intelligence chip deliveries to Saudi Arabia, as global leaders gather in Paris to discuss AI regulations,

CIO50m

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 ...

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 ...

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 ...

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 ...

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 ...

Saudi: LEAP 2025 continues groundbreaking deals with over $7.5bln in tech, AI investments

In addition, SkyFive has highlighted Saudi Arabia's growing role as a regional hub for technological innovation by unveiling ...

14h

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.

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