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Artificial intelligence Trump’s new weapon to squeeze Arab wealth

A group of U.S. artificial intelligence (AI) technology companies, whose ⁢CEOs accompanied⁤ Donald Trump on his trip to ⁤the​ Persian Gulf region, announced major contracts signed with these ⁤countries.

According to the international economics​ section of‍ Webangah news Agency, citing The Guardian, a group of U.S. AI ⁢technology firms, whose executives traveled with​ Donald Trump to Gulf countries, have reported signing important agreements with these nations.

This comes as Trump announced during ‍his visit that Saudi Arabia has pledged a $600 billion investment in U.S. ​AI companies.

Reuters noted that one of the largest deals involves Nvidia, which is set to sell hundreds of thousands of AI chips to Saudi Arabia.

the first shipment will include 18,000 units of Nvidia’s latest Blackwell AI chips,destined for the Saudi company Human.⁤ Human is an AI startup owned by Saudi Arabia’s sovereign wealth fund.

The U.S. firm Cisco also announced⁢ on ​Tuesday a⁤ major agreement with Emirati company G42 to develop AI technologies in the UAE.

Trump plans to travel to‍ the UAE on Thursday.

The New York Times reported Monday that the Trump governance is close to finalizing a deal allowing the UAE to purchase large quantities of Nvidia’s ⁤AI chips⁣ as well.

The White house stated these agreements are bilateral. For instance,Saudi firm⁢ DataVolt will invest $20 ⁢billion in U.S.-based AI data centers and energy infrastructure.

The ‍White‍ House further revealed that Google, DataVolt, Oracle, Salesforce, AMD, and Uber will collectively invest $80 billion ⁣in advanced technologies across both Arab nations—though specifics remain undisclosed.

Cisco confirmed⁢ it’s agreement ⁤with G42 aims to‍ “assess collaboration potential” in U.S.-made cybersecurity and ⁢data center technologies powered by AI.

Strategic ⁣shift: Saudi Arabia’s Vision⁣

Saudi Arabia—seeking economic diversification from oil—aims to position itself as an emerging hub for​ global AI innovation. Crown Prince Mohammed bin Salman recently launched Human tasked with developing⁣ domestic AI capabilities.

Contrasting Export Policies

The Guardian highlighted how chip sales ‍contradict strict export controls imposed by Washington against China—where firms like Nvidia are⁢ barred from selling⁢ cutting-edge models despite Chinese rivals such as​ DeepSeek matching their progress independently.

 

English channel of the webangah news agency on Telegram
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