Saudi Arabia’s NEOM city achieved a pivotal milestone by finalizing a $5 billion AI data center deal. This project aligns with Vision 2030’s goals, as reported by the Saudi Press Agency. NEOM partners with DataVolt, a Saudi firm specializing in global data infrastructure, for the initiative’s first phase.
The initial 5 billion investment will establish a 1.5-gigawatt facility in Oxagon, NEOM’s industrial hub, by 2028. This cutting-edge center aims to accelerate Saudi Arabia’s digital transformation while supporting sustainable growth.
Driving Economic Diversification Through Innovation
Crown Prince Mohammed bin Salman launched NEOM in 2017 to advance Vision 2030’s economic diversification strategy. The project reduces fossil fuel reliance while positioning Saudi Arabia as a global innovation and luxury tourism leader. The AI data hub underscores this shift, merging technology with long-term economic resilience.
Saudi Arabia and the UAE continue competing for regional AI leadership, prioritizing data center investments. Last week, the UAE and France pledged up to $52 billion for Europe’s largest AI facility, highlighting intensifying cross-border rivalries.
NEOM: A Blueprint for Futuristic Urbanism
NEOM’s estimated $1.5 trillion development includes The Line, a linear city for 9 million residents and advanced robotics. Ambitious attractions like a year-round ski resort and AI-driven theme parks aim to redefine urban living and global tourism standards.
The AI data center exemplifies NEOM’s fusion of innovation, sustainability, and economic growth. Saudi authorities remain focused on infrastructure and workforce development to meet project benchmarks. Investors worldwide monitor NEOM’s progress as it reshapes regional technology landscapes and sets new industry precedents.
NEOM’s latest venture solidifies Saudi Arabia’s commitment to becoming a global tech powerhouse. With strategic partnerships and bold investments, the Kingdom continues rewriting its economic narrative under Vision 2030.
