Egypt plans to build a $1 billion AI data centre using Nvidia technology
Egypt aims to construct its first major artificial intelligence data centre with an initial phase valued at $200 million, driven by partnerships involving Nvidia and Vodafone Business amid competition from US and Chinese firms.
Egypt announced plans to build a large-scale artificial intelligence data centre targeting a 200-megawatt capacity worth $1 billion. The project was introduced on September 9 by Raafat Hindi, the Minister of Communications and Information Technology. The initial three-year phase is expected to launch with a 20-megawatt facility valued at $200 million, executed by a partnership between Vodafone Business, Elsewedy Electric, and Cassava Technologies. Cassava Technologies confirmed the project will leverage Nvidia accelerated computing technologies. Nvidia is described as the world's most valuable publicly traded company and the primary driver behind current artificial intelligence developments. The initiative occurs while President Xi Jinping visited Egypt for the first time in ten years, where Huawei previously submitted a bid for a data centre. Washington responded by promoting offers from American firms including Nvidia, AMD, and Microsoft. Egyptian President Abdel Fattah al-Sisi and Chinese President Xi agreed to expand cooperation on artificial intelligence and technology but did not sign specific agreements.
