MIS CEO says new data center expansion ‘among largest in region'
In an interview with Argaam, the top executive emphasized that the contract marks a significant addition to capacity and represents a major expansion of the current data centers, which will help meet the existing demand from projects the company is working on.
The CEO noted that the agreement is not limited to adding 112 megawatts, as it also includes potential for further capacity expansion, adding that the value of the agreement will be announced upon receiving the development notice.
He indicated that this expansion is one of the largest in the region, highlighting that a 112-megawatt expansion is significant compared to other contracts in the region. During GITEX exhibition in the UAE, data center contracts signed were for 100 megawatts.
Demand for data centers within the Kingdom is substantial and evident, driven by the rise of AI technologies and models, and the increasing need for GPUs and accelerator chips. This underscores the need for high-capacity data centers, both general-purpose and AI-specialized, Al-Ghamdi said.
This expansion is strongly supported by the government, through the Ministry of Communications and Information Technology and the Public Investment Fund, in addition to private sector demand. Government efforts align with Saudi Arabia's ambitions to become a global leader in the sector, as evident in the recent agreements such as the one signed by HUMAIN with NVIDIA and AMD to supply advanced chips and build a 500 MW cloud platform, as well as NEOM's partnership to establish a fully integrated factory and data center with a capacity of 1.5 gigawatts, he added.
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