Magna AI and TechnoVal Form $300 Million Alliance for MENA Region
The partnership includes plans to establish a sovereign AI and Cloud Data Center in Saudi Arabia to support industrial transformation.
A Strategic Partnership for Regional AI
Magna AI and TechnoVal announced a strategic alliance valued at $300 million. The partnership is aimed at accelerating AI-driven industrial and digital transformation across the Middle East and Africa (MENA) region. The announcement was made during the GITEX Global 2025 technology exhibition, signaling a major investment in building regional AI capabilities.
Sovereign AI Data Center in Saudi Arabia
A key component of the partnership is the plan to establish a sovereign AI and Cloud Data Center in Saudi Arabia. Under a newly signed memorandum of understanding, the center will be designed to …
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