{"id":83691,"date":"2026-09-03T10:31:05","date_gmt":"2026-09-03T07:31:05","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/leap-2026-investments-data-centres-ai\/"},"modified":"2026-09-03T10:31:08","modified_gmt":"2026-09-03T07:31:08","slug":"leap-2026-investments-data-centres-ai","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/leap-2026-investments-data-centres-ai\/","title":{"rendered":"LEAP 2026 Day Three Yields Billions in Data Centre, Cloud, and AI Capital"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Major LEAP 2026 investments were announced during day three of the technology conference in Riyadh, Saudi Arabia. The financial commitments spanned multi-billion-riyal digital infrastructure developments, dedicated artificial intelligence funds, and international startup market entries across the national <a href=\"\/category\/economy\/\">economy<\/a>.<\/p><h2 class=\"wp-block-heading\">Khuzam Digital Valley and Cloud Infrastructure<\/h2><p class=\"wp-block-paragraph\">NHC Innovation introduced the Khuzam Digital Valley data centre development, representing a total financial allocation of SAR 3.3 billion. The project will be built across several continuous phases to serve growing computing needs. The organization signed NAVER Innovation and BytePlus as its initial anchor clients.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;Through Khuzam Digital Valley, we are building the digital foundations needed to support growing demand for advanced technologies, while creating an environment that brings together global technology partners, businesses and innovators.&#8221;<\/p><cite>Eng. Rayan Alaql, Chief Executive Officer of NHC Innovation<\/cite><\/blockquote><p class=\"wp-block-paragraph\">Meanwhile, global cloud provider AWS confirmed preparations to open its first infrastructure region in Saudi Arabia this December. The planned regional setup is supported by an investment allocation exceeding $5.3 billion.<\/p><figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/09\/leap-2026-investments-riyadh-deals-inline-1.webp\" alt=\"Khuzam Digital Valley data centre project announced at LEAP 2026\"\/><\/figure><h2 class=\"wp-block-heading\">Expansion of LEAP 2026 Investments Across Sectors<\/h2><p class=\"wp-block-paragraph\">New venture funding targeted specialized software sectors, contributing to the total volume of LEAP 2026 investments recorded during the event. Regional investment platform Foras AI introduced a $20 million financing and acquisition initiative aimed at supporting <a href=\"\/category\/ai\/\">artificial intelligence<\/a> enterprises throughout the Middle East and North Africa.<\/p><p class=\"wp-block-paragraph\">In addition, Dubai-based accommodation platform estaie closed a $5.2 million seed financing round to expand its operations in Saudi Arabia. The firm applies machine learning systems to manage flexible residential, serviced apartment, and hotel inventory pricing.<\/p><h2 class=\"wp-block-heading\">Public Sector Alliances and Smart Mobility<\/h2><p class=\"wp-block-paragraph\">The Digital Government Authority established a formal partnership with venture firm STV. Under the agreement, STV will evaluate startup investments and supply technical assessments through its specialized fund, while the authority offers testing sandboxes and regulatory channels.<\/p><p class=\"wp-block-paragraph\">Mobility leaders examined commercial deployment avenues for <a href=\"\/category\/automotive\/\">autonomous driving<\/a> and connected logistics infrastructure. Panel participants included Mercedes Cebrian of Parkron, Dong-su Kim of LG Technology Ventures, and Ahmed Mhiri of Free2Move.<\/p><figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/09\/leap-2026-investments-riyadh-deals-inline-2.webp\" alt=\"LEAP 2026 technology conference stage in Riyadh\"\/><\/figure><h2 class=\"wp-block-heading\">Long-Term Capabilities and Industry Growth<\/h2><p class=\"wp-block-paragraph\">Discussions regarding the local <a href=\"\/category\/gaming\/\">gaming<\/a> industry emphasized structural workforce development. Yannick Theler, Chief Executive Officer of Steer Studios, stated that investing in specialized local training remains fundamental to establishing sustainable regional game production studios.<\/p><p class=\"wp-block-paragraph\">Event organizers noted that the third day highlighted broad institutional participation across the market, as these LEAP 2026 investments direct fresh capital toward enterprise technology and digital services.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;What we have seen across Day Three is investment taking shape at every level of Saudi Arabia\u2019s technology ecosystem, from major digital infrastructure and AI investment to startup growth and new global partnerships.&#8221;<\/p><cite>Annabelle Mander, Executive Vice President and Co-Creator of LEAP at Tahaluf<\/cite><\/blockquote>","protected":false},"excerpt":{"rendered":"<p>Day three of LEAP 2026 in Riyadh secured billions in tech funding, including the SAR 3.3B Khuzam Digital Valley project and a $20M regional AI fund.<\/p>\n","protected":false},"author":13,"featured_media":83690,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"{\"x_hook\":\"LEAP 2026 in Riyadh saw major deals on day three, including a SAR 3.3B data centre from NHC Innovation and a $20M AI fund from Foras AI.\",\"x_takeaways\":\"Key Details:\\n\ud83d\udd39 SAR 3.3B Khuzam Digital Valley data centre project unveiled\\n\ud83d\udd39 NAVER Innovation and BytePlus join as first anchor clients\\n\ud83d\udd39 AWS preparing launch backed by over $5.3B in Saudi capital\\n\ud83d\udd39 Foras AI launches $20M regional fund for AI acquisitions\\n\ud83d\udd39 estaie secures $5.2M seed round for Saudi market expansion\"}","_yoast_wpseo_opengraph_title":"LEAP 2026 Day Three Yields Billions 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Riyadh.","_yoast_wpseo_twitter_image":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/09\/leap-2026-investments-riyadh-deals.webp","_yoast_wpseo_twitter_image_id":83690,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[449,24,22],"tags":[2176,1074,6339,2691,776],"class_list":["post-83691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai","category-economy","category-telecom","tag-audi-saudi-arabia","tag-cloud-computing","tag-data-centres","tag-leap-2026","tag-venture-capital","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LEAP 2026 investments - Tech Growth | Saudi Shopper<\/title>\n<meta name=\"description\" content=\"LEAP 2026 investments brought billions in funding 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