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Saudi Arabia To Transform Downtown Riyadh By 2030

By 2030, the massive development project will add $48 billion to the country’s GDP and generate more than 334,000 jobs.

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saudi arabia to transform downtown riyadh by 2030
Public Investment Fund

Saudi Arabia has announced ambitious plans to transform downtown Riyadh into a major global mega-city. To make the project a reality, Saudi Crown Prince Mohammed bin Salman launched the New Murabba Development Corporation (NMDC) to aid planning and construction.

The 19 square kilometer site to the northwest of Riyadh will be designed from the outset as a smart and sustainable downtown area, able to hold 20 buildings the size of New York’s trademark Empire State building.

According to the state news agency SPA, the NMDC’s civil engineering project will have over 80 cultural and entertainment venues, a technology and design university, a museum, and an immersive multi-use theater when completed in time for Expo 2030, which Saudi Arabia could potentially host.

Also Read: Hub71 To Invest $2 Billion In New Web3 Startup Ecosystem

The New Murabba project will be centered around sustainability and feature green areas, plus walking and cycling paths to enhance the quality of life and promote healthy, active lifestyles. As well as significantly boosting the well-being of Riyadh citizens, it’s hoped that by 2030, the project will have added $48 billion to the country’s GDP and generated 334,000 jobs.

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ESET Bets On Specialized Security AI At 0.5% The Training Cost

ESET says NeoCortex can estimate an attacker’s next move, with a kill switch and human oversight built in to keep it from going rogue.

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eset bets on specialized security ai at 0.5% the training cost

A sign-in anomaly, a suspicious process launch and an unusual connection may look harmless alone. Together, they can describe an intrusion that is hard for security to teams to piece together.

To solve that problem, ESET announced ESET NeoCortex on November 4, 2026: a specialized foundational AI model for cybersecurity. It powers ESET LiveCortex, available within the ESET PROTECT Platform, which connects fragmented security signals and turns them into actionable incidents.

Filtering is the main selling point, with LiveCortex processing billions of raw telemetry events daily, and just 0.00111% of them contributing to incidents presented to customers. The aim is less alert fatigue and more analyst time spent on threats that matter.

NeoCortex is built on world-model architecture, learning how digital environments behave and how events relate. ESET says that lets it reconstruct missing incident context, recognize similar past cases and estimate an attacker’s likely next step – what the company calls “minus-one-day defense,” a chance to intervene before the next stage unfolds. ESET points to Black October, the week leading up to October 25, 2026, when critical security issues affecting PHP, Linux, GitLab and other key systems demanded rapid, prioritized responses, as the kind of moment where that context matters.

ESET’s internal research also suggests a specialized model like NeoCortex can be trained at up to 200 times lower cost than a large general reasoning model, while delivering more accurate, defense-focused results. The company credits optimized training, a focus on cybersecurity vocabulary, lower computing requirements and privately owned hardware.

Also Read: Dubai Says Its Deepfake Detector Needs Just 7 Seconds Of Video

“AI is accelerating both cyberattacks and cyberdefenses. With ESET NeoCortex, we are applying our AI investment to develop specialized foundational cybersecurity intelligence that remains under our control and strengthens, rather than replaces, human expertise,” said Juraj Malcho, Chief Technology Officer at ESET.

As part of the design, NeoCortex forms part of a layered architecture combining specialized models, deterministic controls, correlation logic, validation, auditability and expert human oversight. Safeguards include restricted sandboxes, read-only tools, continuous monitoring, defined usage and token limits, a kill switch and human oversight of critical response decisions. The model is also developed and self-hosted on ESET’s own infrastructure, which the company says reduces exposure to shifts among third-party AI providers, including commercial and geopolitical ones.

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