Money and business in the Middle East.

Companies

DataVolt

Saudi Arabia · Data centres & AI infrastructure · Private · 2023 · Riyadh

Saudi developer, investor and operator of AI-ready data centres, founded in 2023 and headquartered in Riyadh, led by Chief Executive Officer Rajit Nanda. AGBI (August 2026) reports it is wholly owned by Vision Invest, a Saudi infrastructure investor. Its flagship is a 1.5 GW net-zero AI campus at NEOM's Oxagon, announced in February 2025 with an initial US$5 billion first phase; on 31 August 2026 it agreed with HUMAIN to develop 100 MW of the campus's 360 MW initial phase, expected from 2028. It also has a Riyadh facility and a 12 MW data centre in Tashkent, Uzbekistan, for which it reported financial close in June 2026 on up to US$150 million of debt. It publishes no financial statements.

datavolt.com ↗

Key facts

No verified figure held yet.

Ownership and relationships

Key people

  • Rajit Nanda · Chief Executive Officer, DataVolt

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