10 Hrs
Source:
الاقتصادية
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Siemens CEO: Saudi Arabia Can Power AI Faster Than US
Christian Bruch, CEO of Siemens Energy, stated that Saudi Arabia is capable of providing electricity to AI data centers at a speed surpassing that of the United States, benefiting from the development of its electrical infrastructure and clear plans to add generation capacities. He explained that the rapid provision of energy is a critical factor in competing for AI projects, as even a slight delay of six months in operation could be the difference between success and failure in meeting increasing demand quickly. He also pointed out that Saudi Arabia has made significant progress in developing its electricity system and setting targets through 2030, with clear plans to expand power generation capacities at competitive costs. This makes the kingdom an attractive location for data center companies. Siemens intends to expand its Dammam facility with a $150 million investment and add a large transformer manufacturing plant, aiming to meet local demand and enhance manufacturing. The focus is on providing swift and stable solutions to meet market needs and ensure energy security.
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