"It was never clearer that the world you and I grew up in no longer exists than on a hot, arid summer afternoon in Riyadh, Saudi Arabia in May of this year. The oil-rich Saudis, keen to jump into the AI arms race, had invited all the tech and business elites who will decide the future of mankind to an investment forum in the desert."
"It was Trump's first big international jaunt since his reelection and the 78-year-old Republican, whose health has been repeatedly scrutinized throughout 2025, struck a rejuvenated figure standing beside Saudi Crown Prince Mohammed bin Salman as the pair greeted a who's who of the global tech elite. The CEO of Tesla, Elon Musk, made the cross-Atlantic trip, along with Alex Karp from Palantir, Jensen Huang of Nvidia, Amazon's Andy Jassy, Google's Ruth Porat, OpenAI's Sam Altman, AMD's Lisa Su, and Uber's Dara Khosrowshahi."
"The meet-and-greet was just the latest in a years-long campaign by the Gulf States, and specifically the Saudis, to position the region as an indispensable hub for AI research, investment, and infrastructure. For the Saudis, the forum not only represented an opportunity to establish new data centers in its burgeoning kingdom but also to hash out trade deals for Humain, an AI startup launched by Saudi Arabia's sovereign wealth fund that aims to become "a global leader in AI innovation and infrastructure.""
Saudi Arabia hosted a major investment forum in Riyadh to attract global tech and business leaders and accelerate AI-driven economic and cultural transformation. The event drew high-profile figures including President Donald Trump and top executives from Tesla, Palantir, Nvidia, Amazon, Google, OpenAI, AMD, and Uber. Saudi officials promoted plans for new data centers and negotiated deals for Humain, an AI startup backed by the sovereign wealth fund aiming to lead in AI innovation and infrastructure. Gulf States emphasize regulatory flexibility and rapid experimentation to position the region as an AI hub and counterbalance China while diversifying away from oil.
Read at The American Conservative
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