The General Authority of Competition in Saudi Arabia has given the green light for NEOM and Fas Energy to develop and operate data centers in the Saudi city of NEOM.
The Authority tweeted this week that had no objection to proposed joint venture between NEOM Co. and FAS Energy Co. to develop, own and operate the next generation of sustainable ultra-large-scale data centers in the new city of NEOM. A fact sheet on the project states: “[NEOM] Includes artificial intelligence, virtual reality and augmented reality technologies, data centers, the Internet of Things and e-commerce.”
Established in 2013, FAS Energy is a subsidiary of the FawazAlhokair Group and develops solar farms.
Read the full story at Data Center Dynamics