Home Neom City News British chip designer in talks to build $500bn smart city on Red...
British chip designer in talks to build $500bn smart city on Red Sea

British chip designer in talks to build $500bn smart city on Red Sea

The Cambridge-based chip designer is in talks with the country’s government about using its technology to help to develop Neom, a vast project at the head of the Red Sea

Saudi Arabia’s grand ambitions for a “megacity” are set to deliver a huge boost to the fortunes of Arm Holdings.

The Cambridge-based chip designer is in talks with the country’s government about using its technology to help to develop Neom, a vast project at the head of the Red Sea. The company hopes its chips will power a new generation of robotics and artificial intelligence there.

Neom is the $500 billion vision of a vast, ultra-modern metropolis of 10,000 square miles, 33 times bigger than New York City, a centre for renewable energy and technology stretching into both Jordan and Egypt. It is part of wider efforts to diversify the Saudi economy away from oil.

Arm Holdings is Britain’s biggest technology company. More

By Robin Pagnamenta, Barcelona  thetimes.co.uk

LEAVE A REPLY

Please enter your comment!
Please enter your name here

%d bloggers like this: