Ezditek has been tracking the latest trends and developments taking place across the Kingdom of Saudi Arabia.
We’ve rounded up the biggest, most interesting stories from November below.
BizPreneur Middle East: Gcore and Ezditek Launch Joint Venture to Accelerate Building, Training, and Deploying AI Solutions in the Kingdom of Saudi Arabia
Gcore and Ezditek have launched a joint venture focused on providing high-performance AI infrastructure in the KSA. The joint venture brings together Gcore’s expertise in cloud-based AI infrastructure and Ezditek’s innovative approach to sustainable and AI-centric data center design and build.
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Data Center-Dynamics: Ezditek Breaks Ground on 24MW Data Center in Riyadh, Saudi Arabia
RUH01’s strategic location provides an ideal entry point for hyperscalers, cloud providers and enterprises looking to establish a presence in the KSA. It will reach 100% of public and enterprise customers in the Saudi central region. It is expected go to live by Q1 2026.
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TECHx Media: AI to Drive Revenue Growth for Saudi IT Partners, Study Finds
According to the Cisco Global AI Partners Study, 35% of Saudi partners predict that 76-100% of their revenue will come from AI in the next 5 years. The transformative potential for AI for businesses across industries is recognised by more than half of Saudi partners.
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CIO: Saudi Arabia Launches $100 Billion AI initiative to Lead in Global Tech
Saudi Arabia has announced a $100 Billion initiative to establish itself as a major player in AI, data analytics and advanced technology. As part of Vision 2030, this AI project underscores the country’s commitment to economic diversification away from oil, aiming to become a global tech leader within the next decade.
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Fintech Global: Mastercard and Fundbot Partner to Streamline B2B Payments in the UAE and Saudi Arabia
The partnership aims to address inefficiencies in traditional payment systems. By combining Mastercard’s digital payment capabilities with Fundbot’s dynamic discount product, the joint venture seeks to improve cash flow management for suppliers and reduce hurdles for buyers.
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Middle East AI News: Saudi EV Investments to Top $10 billion
Saudi Arabia’s investments in the electric vehicle (EV) sector could top $10 billion as a new deal is signed with a Chinese manufacturer, Human Horizons. The Kingdom could have an annual production of over 300,000 EVs per year, with the goal to be one of the major exporters of electric vehicles globally, following Germany, China and the USA.
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Samena Telecommunications Council: Saudi Arabia Experiences Surge in Data Center Development, Solidifying its Position as a Regional Leader
Saudi Arabia’s data center market is experiencing rapid growth, with several major announcements, such as the Pure Data Center and Dune Vault joint venture to develop hyperscalers. This further highlighting the Kingdom’s commitment to expanding its digital infrastructure.
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