13 Hrs
Source:
الاقتصادية
Siemens Energy CEO: Saudi Arabia can supply AI power faster than US
The article discusses Saudi Arabia's ability to provide electricity to AI data centers at a faster rate than the United States, thanks to the development of its electrical infrastructure and clear expansion plans. This enhances the country's attractiveness for investment in this sector. Christian Broch, CEO of Siemens Energy, confirmed that rapid power supply has become a crucial factor in competing for AI projects. He noted that Saudi Arabia has made significant progress in developing its electrical grid, investing around $150 million to expand its facility in Dammam and establish a factory for large transformers. Broch considered that clear strategic planning and timely execution give Saudi Arabia a competitive edge, especially with expected increases in energy project demand and industrial expansion, alongside a focus on local manufacturing to improve energy security and provide faster on-site services to data centers.
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