What is the latest status of the project “NEOM DataVolt AI Project”?

The status recorded for “NEOM DataVolt AI Project” is Planned.

What is the budget and commercial profile for the project “NEOM DataVolt AI Project”?

Taiyo normalizes the budget of “NEOM DataVolt AI Project” to USD 5000000000.

Where can I verify the source and access all details for “NEOM DataVolt AI Project”?

This Taiyo project page references ZAWYA along with the original URL (https://www.zawya.com/en/business/technology-and-telecom/saudi-neom-datavolt-sign-agreement-to-launch-5bln-ai-project-fh49wnoq). Taiyo standardizes official data into a consistent, searchable project profile.

NEOM DataVolt AI Project

Sector: Manufacturing (Industrial) • Location: Saudi Arabia

Source: ZAWYA

Project

Planned

Saudi Arabia's NEOM has signed a deal with DataVolt to develop a 1.5 gigawatt net zero artificial intelligence project in its Oxagon industrial zone. The project will operate as an integrated data centre and is set to see an investment of $5 billion in its first phase, with operations expected to begin in 2028.

Status: Prospective
Sector: Manufacturing (Industrial), Data Center, Telecommunications
Location: Saudi Arabia
Updated: 22 Jul 2026
Source: ZAWYA

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Project Information

4 Q

The project “NEOM DataVolt AI Project” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Saudi Arabia. Taiyo aggregates data on it from ZAWYA.

Participants

Not available for this record.

Status

Original status	Planned
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Saudi Arabia's NEOM has signed a deal with DataVolt to develop a 1.5 gigawatt net zero artificial intelligence project in its Oxagon industrial zone. The project will operate as an integrated data centre and is set to see an investment of $5 billion in its first phase, with operations expected to begin in 2028.
Original sector	Technology
Budget

Location

Country

Saudi Arabia

Source

Source	ZAWYA
URL

More Details

Record type	Project
Sector	Manufacturing (Industrial), Data Center, Telecommunications
Article published date	2025-02-28

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