Amazon plans to invest $5.3 billion in Saudi data centers in 2026, intensifying competition with Google and Microsoft in AI technology.
From Nasdaq:
Amazon Web Services plans to launch data centers in Saudi Arabia in 2026 with a $5.3 billion investment, providing faster speeds for users to store content and run workloads securely. Competitors like Google and Microsoft are also increasing investments in data centers to support AI technology adoption.
Customers in the region already using AWS include Saudi Telecom, Seera Holding, and Mobily. Discussions between Apple, Amazon, and Saudi Arabia began in 2017. Saudi Arabia’s Public Investment Fund sees the kingdom as a potential AI hub due to its energy resources and funding capacity.
This move signifies a growing interest and investment in the region’s tech infrastructure. The potential for Saudi Arabia to become a prominent center for AI innovation outside the U.S. is gaining traction among major tech players.
Investing in regions like Saudi Arabia showcases a commitment to expanding cloud services and infrastructure globally. Such developments could pave the way for further technological advancements and collaborations in the Middle East and beyond.
Read more at Nasdaq: Amazon’s AWS to launch Saudi Arabia data centers, invest over $5.3 bln