HUMAIN, the artificial intelligence company owned by Saudi Arabia’s Public Investment Fund (PIF), and DataVolt, a Saudi Arabia-based large-scale data center infrastructure developer, owner, and operator, have announced a preliminary framework agreement with AI cloud company Nebius for data center capacity at Oxagon, NEOM’s advanced industrial city on Saudi Arabia’s Red Sea coast.

Nebius to become an anchor customer for the AI giga campus

Under the proposed framework, Nebius would become an anchor customer for the planned AI giga campus, with the contemplated offtake representing up to 50 MW. That figure is half of the initial 100 MW currently under construction, which forms part of the first phase’s planned 360 MW.

The agreement was signed on the sidelines of NVIDIA’s GTC Berlin conference. The proposed capacity allocation is expected to become operational in phases starting in Q4 2027.

Building on an earlier partnership

The announcement follows an expanded partnership between HUMAIN and DataVolt announced in August this year to develop 100 MW of the 360 MW AI-ready data center at Oxagon. The Nebius framework agreement now attaches a first customer to that capacity.

The campus is designed to support AI workloads, with Nebius expected to deploy NVIDIA-powered computing infrastructure under the agreement to meet growing demand for its AI cloud.

Leadership responses

Tareq Amin, CEO of HUMAIN, framed the agreement as proof of international appetite for the company’s infrastructure. “The real measure of AI infrastructure is not how much capacity you build, but the demand you can secure and the value you can deliver,” Amin said. “Advancing our commercial relationship with Nebius as our first customer is a significant milestone for HUMAIN and a clear demonstration of the international demand for the infrastructure we are developing.”

Rajit Nanda, CEO of DataVolt, emphasized cost and speed as decisive factors in the AI infrastructure market. “Speed to market and infrastructure cost competitiveness will define the winners in the global AI compute race,” Nanda said. “At Oxagon, we are building at scale, with a clear focus on delivering highly competitive infrastructure costs. By combining Saudi Arabia’s energy advantages with disciplined execution, we are helping create a platform for the Kingdom to compete globally in AI compute, not just as an energy powerhouse, but as an exporter of digital capacity.”

NEOM’s leadership also weighed in on the significance of the deal. “The agreement between HUMAIN, DataVolt, and Nebius reflects growing global demand for AI-ready infrastructure and NEOM’s role in enabling advanced industries,” said Eng. Aiman Al-Mudaifer, MD & CEO of NEOM. “This partnership demonstrates how NEOM is translating its strategic priorities into tangible opportunities that deliver lasting economic impact.”

Oxagon’s positioning as an AI infrastructure hub

Oxagon aims to position itself as an advanced industrial ecosystem that offers the potential to combine low-latency digital connectivity, developed land, and scalable energy within a purpose-built environment. According to the announcement, this enables the location to support large-scale AI infrastructure serving customers across global markets.

The framework agreement with Nebius marks the first publicly disclosed customer commitment for the Oxagon AI campus, tying the development’s initial 100 MW under construction to a named offtaker ahead of the phased operational timeline beginning in Q4 2027.

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