- Multinational conglomerate to support entrepreneurship by investing in and developing cognitive tech and enterprises
- Key to NEOM igniting economic growth and diversification for Saudi Arabia, and will be a bridge between the Kingdom and the world
RIYADH, Saudi Arabia, Sept. 27, 2022 /PRNewswire/ -- NEOM Tech & Digital Company – the first company to be established as a full-fledged subsidiary of NEOM – today launched as 'Tonomus,' signaling the next stage in its growth trajectory as a cognitive multinational conglomerate.
Headquartered at NEOM since its 2021 inception as the pioneering project's technology and digital lead, Tonomus is building the cognitive foundation and adopting hyper-disruptive solutions integral to the development of NEOM and its flagship initiatives, including THE LINE, OXAGON and TROJENA.
The rebranding represents a sharpened focus on the role of Tonomus as a cognitive multinational company, with this new phase essential to enabling NEOM to fuel Saudi Arabia's economic growth and diversification. The name change furthermore represents Tonomus' commitment to realizing its vision, which includes attracting world-class tech talent to sustain and extend innovation, making Saudi Arabia a hub for global entrepreneurship and enabling NEOM to act as a global connector for the Kingdom.
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