The second day of "Lepe 25": investments over 7.5 billion dollars

On the second day, the technical conference ‘Leip 25’ saw that investments were over $ 7.5 billion to support digital infrastructure sectors and improve innovation in artificial intelligence, contributing to the establishment of the Kingdom’s position as a regional center for technology and innovation. Data volt, in conjunction with “Neom”, announced an investment of $ 5 billion to create the first fully sustainable data center for artificial intelligence with a capacity of 1.5 GB in the industrial city of Neum “Oxagon”, to be a global destination in advanced computer and innovation support. Al -Fanar also unveiled its $ 1.4 billion investment to develop 4 88 megawatts data centers to support the growth of the digital economy and develop business solutions. In support of the digital infrastructure in the kingdom, Mobily announced its $ 905 million investment to strategic projects, including projects in marine cables, and developed data centers in the kingdom. Zoom also announced its $ 75 million investment to improve artificial intelligence and innovation, and to establish new data centers to support technical enterprises and government agencies in the kingdom. Saudi Iron Airlines “Saar”, in turn, announced a $ 51 million investment in the special optical fiber network to improve communication and empower the digital future in the kingdom. Discive has unveiled its $ 100 million investment on not -terrorist networks, focusing on the guidance of the Advanced Air Mobility Solutions (AAM) and improving innovation in this area. HPE announced the extension of the scope of a ‘Saudi industry’ in the region, and the localization of HP Aruba solutions to improve infrastructure with safe and artificial intelligence networks. Lip 25 organizes the Ministry of Communications and Information Technology, the Saudi Union for cyber security, programming and dresses, and the company ‘Alliance’ joint venture between the Federation, the international “Informa” business and the investment event fund. This year is witness to the “Leap Innovation” event organized by the research, development and innovation development authority, focusing on future topics, such as green hydrogen, carbon -free cities, sustainable mining and space exploration.