Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

Saudi Arabia and the United States agree with $ 600 million of defense and defense offers

https://www.profitableratecpm.com/h3thxini?key=b300c954a3ef8178481db9f902561915


Unlock White House Clock Bulletin Free

The United States and Saudi Arabia announced agreements that the White House said was worth $ 600 million in sectors, such as artificial intelligence and defense, as President Donald Trump began the first section of his three -year tour of Golf rich in oil.

The offers presented on Tuesday included a commitment from the new company of the AI ​​of Saudi Arabia, Humain, to build AI infrastructure in the kingdom using several “one hundred thousand” of Nvidia’s most advanced chips over the next five years.

This would make it one of AI chip’s biggest orders for a state company, emphasizing the scale of the Ambitions of Prince Colonel Mohammed Bin Salman to place Saudi Arabia as the center of the Global Ia and to promote Nvidia’s desire to build “ sovereignist ” infrastructure worldwide.

The first phase of Humain’s investment will be to deploy 18,000 from the latest “Blackwell” servers of Nvidia, said Nvidia.

The White House press statement greeted the Saudi Arabia’s $ 600 million commitment to invest in the US “and” economic ties that will last for nearby generations. “

He also cited what he said was an agreement of “almost $ 142 million” to provide Riyadh with state -of -the -art war struggle teams and services of more than a dozen United States Defense Companies. “

He added that he would include the abilities of air force and space, the defense of the missiles, maritime safety and borders, updates to the modernization of land forces and communication systems.

The United States was also referring to Data Veudi Arabic plans to invest $ 20 million in USE and Energy Infrastructure Centers in the United States.

But he did not immediately give a deadline for offers, which also include contracts for North -American groups to build infrastructure projects in the kingdom.

Trump seeks to secure investment offers and promises of more than $ 1 on his golf trip, which will also include stops at Qatar and the United Arab Emirates.

The Senior Councilor of the President of the United States Elon Musk (L) and the CEO of Nvidia, Jensen Huang (C), are aimed at greeting the Prince of the Saudi Crown
© Brendan Smialowski/Afp/Getty Images

Traditional North -American Allies, are among the largest -American -American -arms buyers, have sovereignist wealth funds that collectively manage more than $ 3 TN and who have all declared their ambitions to invest much in AI.

Many of the most powerful technological executives in the United States were also in Riyadh, including Elon Musk, Sam Altman of the Openai and Nvidia CEO Jensen Huang, as Saudi Arabia hosted a brilliant investment forum. The main financiers also attended, including Blackrock’s Larry Fink, Stephen Schwarzman of Blackstone and Jane Fraser de Citigroup.

North -American technology companies have been more and more looking for golf, which manages some of the largest and most active sovereignist wealth funds in the world, to collect capital and attract investments.

Golf, meanwhile, claims that AI considers the AI ​​as a critical part of its plans to diversify its economies away from oil and develop new industries, hoping to take advantage of its abundant energy resources and the financial muscle of its sovereign funds.

Comes as the Trump administration last week worn A rule of Biden’s time that Saudi Arabia would have seen, along with dozens of other countries, such as India and Singapore, are facing limitations on their most designed AI chips in the United States.

Riyadh launched Humain, who will be chaired by Prince Mohammed and owned by the Public Investment Fund, the $ 940 million sovereignist wealth fund, to direct his strategy and investments in the sector Monday, the day before Trump arrived.

Prince Mohammed has maintained good relations with Trump and his son -in -law Jared Kushner, from the President’s first term. A few days after Trump in January in January, Saudi Arabia pledged to invest $ 600 million in the United States for the next four years, the same amount that was announced on Tuesday.

The Arab Emirates tracked with a similar gesture, pledged in March to invest 1.4 TN of dollars over the next ten years. It also seeks to establish a leader center and has made a strategic decision to invest in US technology.

Analysts are asked how golf states will be able to deploy a large capital scale at the deadlines, particularly in Saudi Arabia, as it is put in lower oil prices, a budget deficit of extension and the massive scale of their own domestic projects.

Trump will fly on Wednesday in Qatar, with Doha planned to commit to invest hundreds of billions of dollars in the United States.

But the President’s journey has been overshadowed by a controversy triggered by his decision to accept a qatar qatar jumbo jumbo to temporarily replace the Air Air Force.

The Qatari gift is likely to be the largest by a state or foreign entity for a U.S. President of recent history and has provoked criticism from both Trump’s supporters and opponents.

Trump’s trip to the region comes at a time when the Middle East continues to lose the repercussions of the 19 months of conflict triggered by the Hamas October 7 attack and the Israeli retaliation offensive in Gaza.

So far, there has been little public mention of the crisis in the region, as Trump has focused on investment agreements.

Michael Acton’s additional reports in San Francisco



Source link

اترك ردّاً

لن يتم نشر عنوان بريدك الإلكتروني. الحقول الإلزامية مشار إليها بـ *