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LEAP 2026: $2.5B for Saudi data centers
At the "LEAP 2026" conference, announcements were made regarding investments totaling $2.5 billion in data centers, cloud services, and supporting the localization of technological solutions within the Kingdom. The aim is to strengthen its position as a global hub for digital infrastructure and advanced technologies. The investments include operating and doubling the capacities of data centers, with plans to expand their capacity to up to 192 megawatts by 2033. Additionally, efforts are underway to support the expansion of digital infrastructure across Africa and to provide sophisticated cloud services for businesses, alongside enhancing localized technology efforts through the establishment of research and development centers and supporting national capabilities in artificial intelligence. These investments highlight the Kingdom’s direction towards establishing itself as a major center for modern technology and global digital infrastructure.
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