Saudi data‑center market to jump 200% to $6.16bn by 2031 as Kingdom bets on AI
- Report projects Saudi data‑centre market value rising from ~$2.08bn in 2025 to ~$6.16bn by 2031, driven by AI and cloud demand.
- Ministry figures and local targets highlighted as investment and partnership opportunities expand across public and private sectors.
- Implications: accelerates local infrastructure build, potential for new hyperscale projects, and increased demand for power and cooling.
صحيفة مال / MAAAL · 2026-03-30
AI is changing how Middle East shoppers buy — but trust lags behind adoption
- Survey finds 43% of UAE and Saudi shoppers use AI for purchase decisions, while only ~30% fully trust AI recommendations.
- Retailers and fintechs can capitalise on adoption gap by improving transparency, explainability, and localised data practices.
- Practical takeaway for Saudi: consumer education and trustworthy AI frameworks will be crucial to convert usage into monetisable trust.
Fast Company Middle East · 2026-03-30
Mistral secures $830M debt financing to build AI infrastructure — Europe’s infrastructure race intensifies
- Report says Mistral raised ~$830M (debt financing) aimed at building data‑centres and AI infrastructure rather than a classic equity round.
- Deal signals Europe’s focus on sovereign AI stacks and infrastructure — not just models — to reduce dependence on US cloud and chips.
- Implications for global capacity: increased competition for data‑centre sites, power, and talent; possible downstream opportunities for regional partners.
جولة / Jawlah · 2026-03-30