Regional developer NEOM is in the process of creating the world’s first sustainable and hyper-connected cognitive city as part of the Saudi Vision 2030. The group relies heavily on 5G hyperconnectivity, AI, robotics, purpose-built data centers, big data analytics, augmented virtual reality, and automated guided vehicles within its mega projects: Trojena, Oxagon, and THE LINE. The $500 billion signature project of the Saudi crown prince has invested $1 billion in AI, including a metaverse platform in 2022, through NEOM Tech & Digital Company (Tonomus). Led by subsidiary Enowa, NEOM’s urban projects will use renewable energy and advanced water desalination in their future functions. The group has launched the Oxagon Accelerator as an accelerating division to support innovative businesses aiming to build a startup ecosystem aligning with its future vision.