Saudi Arabia Ditches Its Linear City Dream to Build an AI Data Center

Saudi Arabia ditches its linear city dream to build an AI data center

Saudi Arabia’s The Line project shifts from a massive residential city to an AI-focused industrial hub due to costs, climate, and fiscal pressures.

As NEOM downsizes where do MbS’s other Saudi mega-projects stand

It was supposed to be a city that would not only move Saudi Arabia into a new age but also transform the way we live, yet continued low oil prices and construction delays have put the future of some of Crown Prince Mohammed bin Salman's NEOM mega-project into question. The latest news indicates that parts of Riyadh's ambitious urban and industrial designs for Saudi Arabia's northern Red Sea coast, as part of NEOM, will be scaled back due to cost…

Saudi Arabia giga-ambitions crash into the wall of reality

Many of the kingdom's most daring projects are being delayed and downsized. Money and megalomania alone don't make for economic development

Saudi Arabia downsizes megaprojects, chases cash amid AI push

After years of breakneck spending, Crown Prince Mohammed bin Salman’s flagship plan to diversify the oil-dependent economy — dubbed Vision 2030 — is facing a fresh round of delays and recalibration as softer oil prices squeeze public finances and force tougher choices.

Saudi Arabia pivots NEOM 'gigaproject' to AI data centre hub

Saudi Arabia is reportedly preparing to scale back NEOM, its marquee ‘gigaproject’ on the Red Sea, with it instead looking to develop an AI data centre hub instead. According to unnamed sources cited by a report in the Financial Times, Saudi Arabia will scale back its hugely ambitious NEOM megaproject to create a new livable region in the desert in the northwest of the country, on the Red Sea coast. The project was announced in 2017 by Crown Pri…