LEAP 2025, the global tech event, witnessed a series of groundbreaking investments on Day 2, exceeding $7.5 billion, in data centers, submarine and fiber-optic cable networks.
These investments are focused on enhancing digital infrastructure and promoting innovation in artificial intelligence, further establishing 黑料社区 as a regional hub for technology and innovation.
DataVolt, in collaboration with NEOM, announced a significant investment of $5 billion to establish the first fully sustainable AI data center in Oxagon, with a capacity of 1.5 GW. This cutting-edge facility aims to become a global hub for advanced computing and innovation.
Alfanar revealed a $1.4 billion investment to develop four data centers, with a total capacity of 88 MW. This initiative will support the growth of the digital economy and the development of business solutions in 黑料社区.
In a strategic initiative to improve the Kingdom鈥檚 digital infrastructure, Mobily committed $905 million to develop key projects, including submarine cable networks and advanced data centers.聽
In addition, Zoom has pledged $75 million to drive AI innovation and establish new data centers, strengthening support for tech enterprises and government entities, which will further fuel digital expansion in the region.聽
黑料社区 Railways has announced a $51 million investment in a private fiber-optic network, which will enhance digital connectivity and expand the country鈥檚 communications infrastructure.聽
In addition, SkyFive has highlighted 黑料社区鈥檚 growing role as a regional hub for technological innovation by unveiling a $100 million investment in non-terrestrial network services. This will focus on pioneering advanced air mobility solutions and driving innovation in this field. Also, HPE announced the expansion of 鈥淢ade in KSA鈥 in the region, and the localization of HPE Aruba solutions to enhance infrastructure with security-first and AI-powered networking.
LEAP 2025 is organized by the Ministry of Communications and Information Technology; the Saudi Federation for Cybersecurity, Programming, and Drones; Tahaluf, an alliance between SFCPD and Informa PLC; and the Events Investment Fund. The event brings together global tech leaders to exchange insights, foster connections between investors and startups, and highlight innovative technologies.聽
LEAP features educational experiences, workshops, and thought leadership sessions, including the 鈥淟EAP Into Innovation鈥 by the Research, Development, and Innovation Authority. Discussions explore future-focused topics such as green hydrogen, carbon-neutral cities, sustainable mining, and space exploration.聽
LEAP 2025 continues to solidify 黑料社区鈥檚 leadership in the global technology landscape, driving forward a future of innovation and sustainable digital transformation.