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5d ago

Trump Finalizes $142B Arms Deal and Paves Way for U.S. Tech Expansion in Saudi Arabia

The agreements include advanced AI chip exports, Starlink approvals, and Tesla's robotics and autonomous vehicles as part of Saudi Vision 2030.

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© Photo by BRENDAN SMIALOWSKI/AFP via Getty Images
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Overview

  • President Donald Trump secured a $142 billion arms deal with Saudi Arabia, described as the largest defense sales agreement in history.
  • The U.S. Commerce Department officially rescinded AI export restrictions, enabling advanced Nvidia chip transfers to Saudi Arabia's Humain for AI infrastructure development.
  • Elon Musk announced Saudi approvals for SpaceX's Starlink satellite internet in maritime and aviation sectors, alongside plans to introduce Tesla robotaxis and humanoid robots.
  • The Boring Company pitched tunnel projects to address urban congestion in Saudi Arabia, complementing the kingdom's modernization efforts under Vision 2030.
  • U.S. tech leaders, including Sam Altman and Jensen Huang, joined Trump in Riyadh to broker multi-billion-dollar partnerships, solidifying U.S.-Saudi cooperation in AI and technology.