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ZAWYA: Swiss group CTS, Desert Tech ink 300MW Saudi AI data centre venture

Published

4 September 2026

Topic

technology

Sectors

Deep Tech: Telecom & Connectivity

Geography

Saudi Arabia

Source

Read at tradingview.com

Verified

Fusion42 · 4 September 2026 · Fusion42 review

Swiss data centre specialist CTS Group and Saudi clean energy firm Desert Technologies have launched a joint venture, CTS-DT, to build a 300MW AI-focused data centre infrastructure in Saudi Arabia, scaling to 1.2GW. The project supports Saudi Vision 2030, aiming to localise advanced data centre technologies and position Saudi Arabia as a regional AI hub.

This Wire brief sits within Fusion42's coverage of Deep Tech: Telecom & Connectivity, and 2 sources have reported it between 3 Sep 2026 and 4 Sep 2026.

◆ The Wire takeaway

You can now tap into Saudi Arabia’s growing AI data centre market with new demand and localisation incentives. This joint venture opens a direct path to supply the region’s rising AI and high-performance computing needs.

Coverage

2 sources · first reported 3 Sep 2026 · latest 4 Sep 2026

Related on Wire

Topics

Deep Tech: Telecom & Connectivitysaudi-arabiaai-infrastructuredata-centresjoint-ventureclean-energy