NEOM to start constructing Oxagon AI data centre in months

Saudi Arabia continues to strengthen its position as a regional AI powerhouse with the launch of one of the world’s largest AI infrastructure projects.

• The AI data centre campus will be located in Oxagon, NEOM’s industrial city.

• The project is being developed by DataVolt.

• The first phase represents an investment of US$5 billion.

• Construction is expected to begin within the coming months, with the first phase targeted to become operational by 2028.

• The campus is designed to provide high-performance computing capacity to support AI workloads, cloud computing, and advanced digital services.

• The initiative supports Saudi Vision 2030, reinforcing the Kingdom’s ambition to become a global hub for artificial intelligence, cloud infrastructure, and digital innovation.

• The investment is expected to attract technology companies, hyperscalers, AI developers, and data-driven industries to the region.

Source: AGBI