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Saudi Crown Prince Reveals $50 Billion AI Plan Amid US Partnership

Saudi Crown Prince Mohammed bin Salman met with President Trump at the White House to strengthen bilateral ties. He announced massive investments in emerging technologies including a $50 billion commitment to AI and semiconductors. The Crown Prince expressed interest in joining the Abraham Accords but emphasized the need for a clear path to a two-state solution with Israel. This visit marked his first trip to Washington since the 2018 killing of journalist Jamal Khashoggi.

Key Points: Saudi Arabia US Long-Term Partner Mohammed bin Salman

  • Saudi Arabia plans $50 billion investment in AI and semiconductor technology
  • Crown Prince seeks to join Abraham Accords with Israel peace conditions
  • Historic White House visit marks first since 2018 Khashoggi killing
  • New technology agreements to create significant economic benefits for both nations
2 min read

Saudi Arabia sees the US as a long-term partner, says Crown Prince Mohammed bin Salman

Crown Prince Mohammed bin Salman announces $50 billion AI investment and commitment to Abraham Accords during historic White House meeting with President Trump.

"Saudi Arabia sees the U.S. as a long-term partner in developing emerging technologies that will shape the coming decades - Crown Prince Mohammed bin Salman"

Washington, DC, November 19

During his bilateral talks with US President Donald Trump at the Oval Office in White House on Tuesday (local time), Saudi Crown Prince Mohammed bin Salman said that Saudi Arabia sees the US as a "long-term partner" in developing emerging technologies

Prince Mohammed bin Salman said that the Kingdom will announce increased investment opportunities during the visit, "with new agreements" in areas like technology, AI, and advanced materials.

"Saudi-U.S. relations span nearly nine decades, and today marks an especially important moment as both countries look toward the future. Saudi Arabia believes in America's economic direction and the foundations being set for growth and global stability. During this visit, the Kingdom will announce increased investment opportunities, with new agreements in areas like technology, AI, advanced materials, and other sectors that will create significant economic benefits. Saudi Arabia sees the U.S. as a long-term partner in developing emerging technologies that will shape the coming decades and wants to be an active contributor to this future," the Crown Prince said.

"We are not creating a big opportunities to please America. It's a real opportunities. For example, we ask about the AI and the chips. Saudi Arabia have a huge demand of unique computing power, and we are going spend in the short term around USD 50 billion by consuming those semiconductors in Saudi Arabia," he said.

On regional matters, the Crown Prince reiterated Saudi Arabia's commitment to fostering good relations across the Middle East and expressed interest in joining the Abraham Accords. However, he emphasised the importance of securing a "clear path" to a two-state solution with Israel.

"We believe having a good relation with all the Middle Eastern countries is a good thing, and we want to be part of the Abraham Accord, but we want also to be sure that we secure a clear path of two state solution. And today we have a healthy discussion with Mr. President that we're going to work on that to be sure that we can prepare the right situation as soon as possible to have that," bin Salman said.

This marks Crown Prince Mohammed bin Salman's first visit to Washington since the 2018 killing of journalist Jamal Khashoggi.

- ANI

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Reader Comments

R
Rohit P
Good to see Saudi Arabia focusing on technology partnerships. As India also pushes for semiconductor manufacturing and AI development, we should explore similar collaborations. The Middle East is becoming a key tech hub.
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Sarah B
While the economic partnerships are promising, I hope the human rights concerns are not completely overlooked. The Khashoggi incident shouldn't be forgotten even as business deals progress.
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Arjun K
Saudi's push into AI and semiconductors is impressive! With so many Indian IT professionals working in Gulf countries, this could mean more job opportunities. Hope our government also strengthens tech ties with Saudi Arabia. 🇮🇳
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Vikram M
The mention of Abraham Accords and two-state solution is crucial. As India maintains good relations with both Arab nations and Israel, balanced diplomacy will be key. Regional stability benefits everyone.
M
Michael C
$50 billion investment in semiconductors is massive! Given India's own semiconductor mission, there might be scope for collaboration. The global tech landscape is definitely shifting.

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