At the World Economic Forum 2026 in Davos, Saudi Arabia announced a series of initiatives, including hosting the first Global Coral Reef Summit and a $1.2 billion plan to expand AI infrastructure. The summit aims to address policy gaps and financing for coral reef protection, while the AI initiative will support up to 250 MW of hyperscale data center capacity. Additionally, Saudi Arabia launched the Business4Land Champions’ Council to promote land restoration and announced a cooperation agreement with WEF to secure critical mineral supplies through 2027.
Saudi Arabia Unveils $1.2B AI Plan and Global Coral Reef Summit at WEF 2026
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