Egypt invests $400 million in new data center for AI
Egypt hosted an event at the Grand Egyptian Museum highlighting its growing artificial intelligence scene. One key update: Hassan Allam Utilities and venture firm A15 plan to build a new data center under a government license, estimated at $400 million. The NVIDIA Deep Learning Institute reported a tenfold jump in Egyptian learners in a year. Multiple local startups are developing AI for finance, robotics, and Arabic speech applications.
- Hassan Allam Utilities, A15 to invest $400 million in data center
- NVIDIA’s AI learning platform saw 10x growth in Egypt
- Event gathered AI startups from healthcare to cybersecurity
- Local investors joining NVIDIA’s global VC program
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