Saudi NEOM's technology subsidiary has invested $1 billion in metaverse and AI applications, and launched a metaverse platform for virtual access

2022-09-30 13:31:41

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Chain Catcher News: Joseph Bradley, CEO of NEOM Tech & Digital, a technology subsidiary of the new future city (NEOM) project led by Saudi Crown Prince Mohammed bin Salman, stated that it has invested $1 billion in metaverse and artificial intelligence applications in 2022, including the metaverse platform XVRS. At the same time, the company will be renamed Tonomus, as NEOM is committed to integrating artificial intelligence technology into the construction of its flagship project, The Line. Subscribing to NEOM's metaverse platform will help people around the world conduct virtual visits before making actual investments in the city, and in the future, the platform will also be used to enhance the resident experience.

Previously, Saudi Crown Prince Mohammed bin Salman announced plans to invest $500 billion in the flagship economic zone project, the new future city (NEOM), which will accommodate 9 million people. (Source link)

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