Al Fanar invests $1.4 billion to develop 4 data centers and support the digital economy

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Riyadh - Mubasher: Alfanar revealed a $1.4 billion investment to develop four data centers with a capacity of 88 gigawatts, to support the growth of the digital economy and develop business solutions.

This comes during the activities of the second day of the "Leap Tech 2025" conference, today, Monday, where investments in technology and artificial intelligence of more than $7.5 billion were announced.

The activities of "LEAP 2025" will continue until Wednesday, February 12, organized by the Saudi Federation for Cybersecurity.

The conference seeks to build global partnerships in the technology sector, by bringing together industry leaders, investors and startups, with the aim of enhancing cooperation and concluding strategic partnerships that drive digital transformation and technological growth.

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