Omani investment group Mubbadrah Investment has announced that a consortium led by the group - comprising local and international companies - is set to develop a $3 billion artificial intelligence (AI) data centre in the sultanate, which, on completion, will have a planned capacity of up to 400 megawatts (MW).

The project, designed to serve hyperscale computing operators, will be developed alongside Sustopia Capital, Vela Tech and O2 Global Energy, with scope for future expansion.

The announcement was made at a signing ceremony in London attended by Nasser bin Khamis Al Jashmi, chairman of the Oman Tax Authority, UK Ambassador to Oman Liane Saunders and representatives of the UK trade office.

The project comes during the state visit of Oman's Sultan Haitham bin Tarik to the United Kingdom, reflecting broader economic and commercial cooperation between the two countries.

The planned campus will support large-scale AI training and inference workloads, combining local and international expertise with global investment, technology and development capabilities.

Sustopia Capital and Vela Tech are developing, designing and constructing about 20 gigawatts (GW) of AI data centre capacity globally, according to the announcement.

Crusoe has expressed interest in becoming a potential off-taker for the project's data centre capacity. The consortium expects to sign a confirmation of that interest in the coming weeks as the project progresses.

The facility will draw power from the national grid and renewable energy sources. O2 Global Energy will develop 400 MW of solar generation capacity, supported by battery storage, to provide additional clean energy for the campus.