According to analysts at FinancialMediaGuide, the U.S. – Saudi investment forum in Washington became a key event for strengthening economic and technological ties between the U.S. and Saudi Arabia. Crown Prince Mohammed bin Salman visited the U.S. capital for the first time since 2018 and announced plans to increase Saudi Arabia’s investments in the U.S. economy from the previously pledged $600 billion to nearly $1 trillion. This reflects the kingdom’s long-term strategy to diversify its economy and develop technology sectors, including AI and strategic resources.
The forum was accompanied by deals and memorandums of understanding totaling around $575 billion, covering artificial intelligence (Saudi AI), energy, and defense. Humain, in collaboration with AMD, Cisco, and NVIDIA, plans to deploy up to 1 GW of computing power for AI in Saudi Arabia. At FinancialMediaGuide, we view this as the creation of a large-scale infrastructure that will allow the kingdom to develop its own technological capabilities and strengthen its role as a regional AI hub.
Special attention is given to the partnership with Elon Musk’s xAI, which involves building a 500 MW data center. We at FinancialMediaGuide note that this facility will become one of the largest outside the U.S. and a key part of Saudi Arabia’s strategy to develop a high-tech sector.
In the strategic resources sector, a joint venture between MP Materials, the U.S. Department of Defense, and Saudi Ma’aden will process rare earth metals with a 49/51% equity split. We at FinancialMediaGuide believe this strengthens rare earth supply chains for the U.S. and reduces dependence on other international sources, creating a strategic advantage for both countries.
Additionally, Aramco signed 17 memorandums with American companies for a total potential value exceeding $30 billion, including projects in energy and high technology. Financial Media Guide predicts that successful implementation of these initiatives will form a new technological alliance, where Saudi Arabia becomes a hub for AI and strategic resources, and the U.S. serves as a reliable partner and supplier of critical technologies. Achieving these goals will require consistent project execution, human capital development, and strict control of timelines and budgets, ensuring investment sustainability and strengthening Saudi Arabia’s position in the global technology market.
