NEOM has selected DataVolt to develop a net-zero AI factory campus in Oxagon, the industrial hub of NEOM in northwest Saudi Arabia. DataVolt will invest $5 billion in the first phase of the project, which is expected to be operational by 2028. The facility will integrate high-performance computing with energy-efficient architectures, supporting Saudi Arabia’s ambition to become a regional leader in digital infrastructure.
The AI factory will be powered entirely by renewable energy, leveraging Oxagon’s access to cost-competitive green power and fiber connectivity via sub-sea cables. The project aims to address the increasing energy demands of AI and data centers while minimizing carbon emissions. Advanced cooling technologies will be implemented to enhance energy efficiency and sustainability.
DataVolt will lease land from Oxagon and receive infrastructure support to develop the facility. The initiative aligns with Saudi Arabia’s vision for a sustainable, data-driven economy and strengthens its position as a regional digital hub. With the global expansion of AI workloads, the project sets the foundation for sustainable computing solutions in the Middle East.
• DataVolt to invest $5 billion in phase one, targeting operations by 2028.
• The facility will operate at 1.5 gigawatts, supporting various computing densities.
• Powered entirely by renewable energy with advanced cooling technologies.
• Oxagon provides land lease and infrastructure support for the project.
• Strategic location offers access to sub-sea cables and cost-efficient green power.
Rajit Nanda, CEO of DataVolt, said: “This agreement with NEOM and Oxagon underscores our unwavering commitment to support the Kingdom’s vision of becoming a regional digital and AI hub. The Kingdom’s strategic location, coupled with its abundant green energy resources, aligns perfectly with DataVolt’s mission in providing state-of-the-art sustainable data centers.”
- NEOM is a futuristic megacity under development in northwest Saudi Arabia, spanning 26,500 square kilometers (10,230 square miles) along the Red Sea. Designed as a hub for innovation, sustainability, and advanced industries, NEOM aims to integrate smart cities, green energy, and cutting-edge infrastructure to support the Kingdom’s Vision 2030 economic diversification plan. One of its key developments is Oxagon, an industrial city located on the Red Sea coast, envisioned as the world’s largest floating structure. Oxagon will serve as NEOM’s advanced manufacturing and logistics hub, incorporating renewable energy, AI-driven industrial processes, and next-generation supply chains. The city is currently in the early stages of development, with major infrastructure projects, ports, and industrial partnerships underway to establish it as a global center for sustainable industry and technology.
- DataVolt is a Saudi-based international developer, investor, and operator of sustainable data centers, specializing in high-availability, energy-efficient digital infrastructure. Headquartered in Saudi Arabia, the company has a global presence with offices in the United States, Uzbekistan, India, and the UAE. DataVolt focuses on integrating renewable energy solutions, advanced cooling technologies, and green fuels to power its data centers, aligning with the growing demand for sustainable AI and cloud computing infrastructure. The company serves hyperscalers, large enterprises, and government institutions, aiming to establish itself as a leader in net-zero digital infrastructure across the Middle East, Africa, and Asia.