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Why The CEO of The Most Valuable Company and the Richest Man in The World Met with Saudi Officials

Saudi Arabia has announced a number of new collaborative ventures worth billions of dollars as part of its efforts to deepen its relationship with CEO American AI firms. As Crown Prince Mohamed bin Salman, the nation’s de facto leader, travels to the US for the first time in years, the government hopes to establish itself in the AI sector.

During a US-Saudi investment meeting in Washington on Wednesday, Humain, an AI business supported by Saudi Arabia’s sovereign wealth fund, unveiled a number of agreements with well-known American tech companies, including xAI, Cisco, AMD, and Qualcomm.

During the event on Wednesday, Elon Musk revealed that his AI business, xAI, will work with Humain to build a massive data center in Saudi Arabia. The cooperation will see the deployment of xAI’s Grok chatbot throughout Saudi Arabia, and the proposed 500 megawatt data center would be the company’s first large-scale facility outside of the United States. According to Musk’s announcement on Wednesday, “the most advanced AI models combined with massive and efficient compute will engineer the future of intelligence.”

Nvidia’s creator, Jensen Huang, sat with Musk and Saudi Arabia’s Minister of Communications and Information Technology, Abdullah Alswaha, at the panel on Wednesday. Nvidia’s chips will power the center. The specifics of the partnership were not disclosed.

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