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Day two of Leap: Homegrown data centers, foreign clouds, and money moving both ways
Homegrown firms poured into data centers, foreign clouds planted flags, and the venture money the war chased off began to…
Day one of Leap: Humain wires Saudi into the full AI stack
This is the first sign thawing frozen dealmaking
IBS wagers on Saudi intelligent automation
IBS deployed more than 135 self-service remittance and currency exchange kiosks in 1Q
Data center boom needs up to USD 42 bn
With around 12 watts of data center capacity per capita, compared to about 50 watts in each of the UAE…
1001 banks USD 30 mn to bring predictive AI to GCC ports, energy, and aviation
The platform gives operators real-time visibility into complex infrastructure, predicting disruptions and automating decisions
DataVolt nears USD 500 mn Riyadh financing
Humain committed to 36 MW of the site’s planned 44 MW capacity
Velents is the first Arab Claude Partner
The Claude partnership is one piece of a longer-term wager on locally controlled AI infrastructure
Zoom opens another Saudi data center
Most of Zoom’s USD 75 mn investment is already on the ground via a new partnership with STC's Center3
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