In 2017, Crown Prince Mohammed bin Salman sat alongside Steve Schwarzman and Masayoshi Son at the first iteration of Saudi Arabia\u2019s annual financial summit to unveil a next-century city called Neom. The two billionaire investors were quick to heap praise on the $500 billion plan that envisioned a metropolis with more robots than humans and enough solar panels to fill out the Great Wall of China.<\/p>\n
As the titans of global finance head to Riyadh for this year\u2019s Future Investment Initiative summit, the kingdom is pivoting away from what would have been one of the world\u2019s biggest construction projects. Instead, it\u2019s preparing to pour billions more into areas like artificial intelligence<\/a>, gaming and high-tech manufacturing<\/a> as it races to diversify its oil-reliant economy, people familiar with the matter said.<\/p>\n","protected":false},"excerpt":{"rendered":"In 2017, Crown Prince Mohammed bin Salman sat alongside Steve Schwarzman and Masayoshi Son at the first iteration…\n","protected":false},"author":2,"featured_media":223971,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[554,733,4308,8790,10979,55458,467,32070,81977,95491,5386,95492,86,56,54,55,7181],"class_list":["post-223970","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-cities","tag-construction","tag-generic-1st-cl-future","tag-markets","tag-masayoshi-son","tag-mohammed-bin-salman-bin-abdulaziz-al-saud","tag-neom-sas","tag-saudi-arabia","tag-steve-schwarzman","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/223970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=223970"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/223970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/223971"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=223970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=223970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=223970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}