LEAP 2026 sees over $2.5B investments in 2nd day
Summary
LEAP 2026’s second day featured about $2.5 billion in investments and launches across data centers, cloud services, and digital infrastructure. MIS announced a $1.2 billion plan to expand its Saudi data centers and increase capacity for cloud and AI demand. NHC Innovation, WIOCC, and Mobily also unveiled major investments to build digital infrastructure and launch cloud services. HPE and Nokia added new Saudi initiatives focused on integrated technology solutions, innovation, and AI-powered network automation.
Funding
Amount
$1.2B
Total raised
Date
September 2, 2026
Announcement date
Investors
Nokia, Africa Finance Corporation, Hewlett Packard Enterprise, Mobily
Lead investors
Company
-
Funded company
AskAI Classifications
Sectors
No sectors detected
Functions
Developer and IT Infrastructure
Development Platforms
Infrastructure Management
Linked Companies
BytePlus
$1M to $5M