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العربية

saudi technology

saudi arabia data center artificial intelligence riyadh technology 2026 - Photo by Abdulmeilk Aldawsari

Economics

Saudi Arabia's $2.7 Billion AI Data Center: The Hexagon Deal and PIF's Tech Pivot

Saudi Arabia's Public Investment Fund has signed a $2.7 billion contract with Hexagon for a 480-megawatt AI compute facility in Riyadh — even as PIF's total construction budget was slashed from $71 billion in 2024…

Mar 22, 2026

Economics

Saudi Arabia's $2.7 Billion AI Data Center: The Hexagon Deal and PIF's Tech Pivot

Saudi Arabia's Public Investment Fund has signed a $2.7 billion contract with Hexagon for a 480-megawatt AI compute…

Mar 21, 2026