Trump 2.0's Saudi Visit: US Tech Giants Announce Major Investments
On Tuesday local time, during President Trump's visit to Saudi Arabia, technology cooperation became the focus. Advanced Micro Devices (AMD) announced a partnership with the newly established Saudi artificial intelligence company Humain, investing $10 billion over the next five years to deploy 500 megawatts of computing power, covering a data center network extending from Saudi Arabia to the United States, aiming to create a global AI platform. Humain is wholly owned by the Saudi sovereign wealth fund, and Crown Prince Salman serves as the chairman of the board.
In addition to AMD, several American tech giants are also taking action. NVIDIA will collaborate with the Saudi Data and Artificial Intelligence Authority to invest in building an AI factory over the next five years; Google is partnering with Saudi venture capital to launch a $100 million AI fund; Amazon's AWS is collaborating with Humain to build an over $5 billion 'AI Zone' to support Saudi Arabia's digital transformation. Elon Musk mentioned Tesla's plan to launch a Robotaxi service during his time in Saudi Arabia, and Starlink has received approval to operate aviation and maritime services in Saudi Arabia.
Moreover, there are reports that the US is negotiating with Saudi Arabia and the UAE to expand AI chip exports, with the Trump administration planning to authorize the sale of hundreds of thousands of advanced AI chips to two companies linked to Middle Eastern governments. OpenAI is also considering establishing a data center in the UAE, with an announcement expected during Trump's visit to the UAE. This Middle East trip by Trump has strengthened the ties between the US and the Middle East in the technology sector through a series of signed technology cooperation agreements, creating opportunities for related companies to expand their markets, which may have significant implications for the global technology industry landscape.