Neom
PulseAugur coverage of Neom — every cluster mentioning Neom across labs, papers, and developer communities, ranked by signal.
1 day(s) with sentiment data
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Saudi Arabia's Vision 2030 faces headwinds from war and falling FDI
Saudi Arabia's ambitious Vision 2030 economic transformation is facing headwinds from geopolitical conflict and a significant drop in foreign direct investment. FDI fell 18% in the second quarter, impacting the kingdom'…
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Saudi Arabia bets big on AI superpower status with NEOM compute facility
Saudi Arabia is making an ambitious move to become a global AI superpower, aiming to rival the US and China. As part of this strategy, DataVolt is constructing a 100-megawatt facility in NEOM, scheduled for completion w…
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DataVolt and Humain begin construction on 100MW data center in Neom's Oxagon
Construction has begun on a new data center in Saudi Arabia's Oxagon industrial region, a project by Humain and DataVolt. The initial phase, expected to be operational by 2028, will provide 100 megawatts of power.
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Saudi Arabia's PIF pivots to domestic focus, scaling back foreign investments
Saudi Arabia's Public Investment Fund (PIF), led by Yasir Al-Rumayyan, is shifting its strategy to focus on making the kingdom a central hub for global economic activity. This new direction involves prioritizing domesti…
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Saudi Arabia pivots to local talent and domestic projects amid spending cuts
Saudi Arabia is shifting its economic strategy, moving away from ambitious foreign-funded mega-projects towards domestic development and local talent. The Public Investment Fund (PIF) is replacing foreign CEOs with loca…
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Gulf sovereign wealth funds boost global investments amid regional conflict
Gulf sovereign wealth funds have increased their global investment activity in the past three months, contrary to expectations that regional conflicts would dampen their appetite. The five largest funds, from Saudi Arab…