Nebius Signs On as Anchor Tenant for 50MW at Neom's Oxagon Data Center in Saudi Arabia

Nebius has agreed to become the anchor customer at the Oxagon data center campus under development in Saudi Arabia, signing an agreement with Saudi AI company Humain and data center developer-operator DataVolt on October 21. The deal marks a significant step in the Kingdom's ambitions to establish itself as a global hub for AI compute infrastructure, leveraging its energy advantages to attract hyperscale and neocloud tenants. Under the agreement, Nebius will initially take up to 50MW of capacity