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Egypt to build $1B AI data center
Egypt plans to establish its first large-scale data center dedicated to artificial intelligence, valued at one billion dollars, utilizing technologies from Nvidia. The goal is to enhance Egypt's position as a regional hub for data centers by leveraging its geographic location and international submarine cable network. The project, whose first phase is set to have a capacity of 20 megawatts and an estimated cost of 200 million dollars over three years, is expected to create 200 direct jobs and 2,000 indirect jobs. This initiative comes amid international competition from companies such as Huawei and Microsoft, as Egypt seeks to attract cloud service providers and transform into a major data hub for the Middle East and Africa, despite challenges related to energy shortages and weak electrical grids in the region.
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