Bangladesh, Feb. 11 -- Saudi Arabias ambitious Vision 2030 received a significant boost on the second day of the LEAP 2025 technology conference, with investment deals worth $7.5 billion signed in Riyadh. The event, a cornerstone of the Kingdoms digital transformation strategy, saw a flurry of high-profile announcements focused on artificial intelligence (AI), data centers, connectivity, and sustainability.
Among the major deals, the largest came from DataVolt, which unveiled a landmark $5 billion investment in the worlds first net-zero 1.5-gigawatt data center, set to be located in NEOMs Oxagon. Rayan Fayez, Deputy CEO of NEOM, emphasized that this investment aligns with Saudi Arabias broader commitment to renewable energy and sustainab...
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