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    1. wiredmagazine on

      A few days earlier, as Trump arrived in Riyadh, Saudi Arabia announced Humain, an AI investment firm owned by the kingdom’s Public Investment Fund. The Saudi firm launched with blockbuster deals already inked with Nvidia, AMD, Qualcomm, and AWS—US tech giants capable of building the infrastructure needed to train and power cutting-edge AI models.

      Trump said in a [speech](https://www.youtube.com/watch?v=wj1QOz3iuCE) in Riyadh that US and Saudi companies would do deals worth hundreds of billions of dollars, with a focus on infrastructure, tech, and defense.

      The deals forged in the Middle East this week are meant to strengthen the global importance of American silicon and AI, but they will also help nations like Saudi Arabia play a more significant role in the global race to develop and distribute cutting edge technology.

      “It will help the Saudis and the UAE become bigger players in providing AI infrastructure,” says Paul Triolo, a partner at DGA-Albright Stonebridge Group, a geopolitical consulting group. “It’s a big deal to get access to these GPUs.”

      Read more: [https://www.wired.com/story/trump-middle-east-artificial-intelligence-investments/](https://www.wired.com/story/trump-middle-east-artificial-intelligence-investments/)

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