---
title: "NEOM"
url: "https://cicadaconsultancy.online/en/entities/neom"
language: "en"
type: "Place"
---

# NEOM

Giga-project in northwest Saudi Arabia, announced in 2017; home to the Oxagon industrial zone.

NEOM appears in 5 stories in the Cicada archive, from 2017 to 2026.

## Every story, oldest first

- 2017-10-24 — [Crown Prince unveils NEOM, a $500bn tech-led megacity zone](https://cicadaconsultancy.online/en/news/neom-announced-fii-2017): At the first Future Investment Initiative, Crown Prince Mohammed bin Salman announced NEOM, a planned business and industrial zone of about 26,500 square kilometers on the Red Sea and the Gulf of Aqaba.
- 2022-02-01 — [LEAP22 opens in Riyadh; $6.4bn of tech investments reported](https://cicadaconsultancy.online/en/news/leap22-opens): The first LEAP technology conference opened in Riyadh on 1 February 2022 and was reported to have secured $6.4 billion of investments in future technologies.
- 2024-08-06 — [Oracle opens second Saudi public cloud region in Riyadh](https://cicadaconsultancy.online/en/news/oracle-riyadh-region-live-2024): Oracle announced on 6 August 2024 that its second public cloud region in the Kingdom, in Riyadh, was open, as part of a $1.5 billion investment.
- 2025-02 — [DataVolt signs $5bn deal for 1.5GW AI data center campus at NEOM's Oxagon](https://cicadaconsultancy.online/en/news/datavolt-neom-oxagon-5bn-2025): In February 2025 NEOM and DataVolt agreed a $5 billion net-zero, AI-focused data center campus at Oxagon, planned to reach 1.5 GW with a first 300 MW phase operational in 2028, powered by renewable energy and using advanced cooling.
- 2026-08-31 — [DataVolt and HUMAIN start building 100MW AI data center at NEOM's Oxagon](https://cicadaconsultancy.online/en/news/datavolt-humain-oxagon-construction-2026): DataVolt and HUMAIN launched construction of a 100 MW AI data center at Oxagon in NEOM, the first part of a 360 MW phase of the campus, with the first 100 MW expected to be available in 2028.

---

Cicada · The signal in Saudi AI.
License: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/) · Full archive for language models: https://cicadaconsultancy.online/llms-full.txt