CAIRO (Reuters) – Saudi’s NEOM, a Red Sea urban and industrial development, signed on Monday an agreement with DataVolt to develop a 1.5 GW net zero artificial intelligence project in the Saudi development’s Oxagon industrial zone, the Saudi state news agency reported.
The project would see investment worth $5 billion.
(Reporting by Menna Alaa El-Din and Nayera Abdallah; Editing by Tomasz Janowski)
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