HUMAIN and DataVolt announced a preliminary framework on October 21, 2026 under which Nebius, a Nasdaq-listed AI cloud company, would take up to 50MW at a planned AI campus in Oxagon, NEOM, half of the first 100MW under construction.
UK-founded Yamna and an Omani ministry signed a memorandum of understanding on strategic cooperation in digital infrastructure on October 21, Oman News Agency reported. The UK government said Yamna was set to sign an agreement to build a large-scale AI data centre in Salalah, saying its first phase is expected to exceed £1bn and will create over 100 highly skilled jobs across the UK.
EverWind plans more than C$10bn of private investment in Nova Scotia, including a data-centre campus at Point Tupper of up to 420 MW. Anthropic has confirmed it holds the long-term lease on the first phase, planned for late 2027.
GlobalFoundries, whose majority shareholder is Abu Dhabi's Mubadala, will make silicon interposers for TSMC's advanced AI packaging at its fab in Malta, New York, under a multi-year agreement GF puts at $2 billion.
A data centre with its chips installed still cannot switch on without a power transformer, and in the US the order book for those runs about 30 months.
A Korean internet company, an American chipmaker and a Canadian asset manager are building Korea's national AI capacity together. Look at who is funding whom.
For a Gulf bank, the question was never whether sovereign AI was a good idea. It was what it costs, and who has to file the export paperwork. There is finally an answer to both.
Europe is trying to build its own AI sovereignty and rent it back. A US hyperscaler is underwriting the capex, and structuring the cheque to stay clear of Brussels.
Cohere and PIF-backed Humain will deploy 50MW of AI compute in Saudi Arabia for sovereign and Arabic-language foundation models, marking Cohere's first major international expansion.