US and Saudi Arabia commit to new AI agreement

"The Tuesday meeting between U.S. President Donald Trump and Saudi Arabian Crown Prince Mohammed bin Salman resulted in a new memorandum of understanding between the two countries focused completely on artificial intelligence, among other agreements in related tech policy arenas. Announced late Tuesday, the AI Memorandum of Understanding will give Saudi Arabia access to U.S. technology systems, with the assurance that these systems are protected from adversaries' use. Granting this access aims to promote the U.S. technology stack abroad, a policy industry heavyweights have championed."

"Other deals Trump and bin Salman struck following Tuesday's visit include a Critical Minerals Framework that aims to fortify supply chains for the critical minerals that are integral to technology devices like computing chips and batteries. Trump said during a press conference following the memorandum's announcement that his administration is working on approving export licenses for select advanced computing chips to Saudi Arabia. "Saudi Arabia has a huge demand of...computing power," bin Salman said."

U.S. President Donald Trump and Saudi Crown Prince Mohammed bin Salman reached a memorandum of understanding focused on artificial intelligence that will provide Saudi Arabia access to U.S. technology systems while assuring protections against adversaries' use. The agreement aims to promote the U.S. technology stack abroad. Officials also agreed on a Critical Minerals Framework to strengthen supply chains for minerals used in chips and batteries. The Trump administration is working on approving export licenses for select advanced computing chips to Saudi Arabia. Saudi plans to invest about $50 billion in semiconductors and link demand to U.S. private-sector companies.

Read at Nextgov.com