Donald Trump announced a multibillion-dollar technology deal with leaders from Saudi Arabia, the United Arab Emirates and Qatar during a tour of the Middle East this week. With the sale of state-of-the-art technology in the United States, he also sold the U.S. industry model: a large amount of electricity concentrated in the hands of several men.
Announcement from the influx last week: The United States and the United Arab Emirates agree that Abu Dhabi is home to the largest artificial intelligence campus outside the United States. The deal reportedly allows the UAE to import one million NVIDIA semiconductor chips, which is considered the world's most advanced artificial intelligence product. Saudi Arabia has reached a similar deal with semiconductors, winning promises to sell thousands of Nvidia Blackwell Chips to Humain, an AI startup owned by its sovereign wealth fund. Cisco said it has signed an agreement with UAE AI companies to develop the country's AI sector. The agreements also guide some investments in Saudi Arabia's technology and manufacturing industries. Amazon Web Services and Qualcomm have also announced deals on cloud computing and cybersecurity.
These protocols are excellent for several reasons. Trump brought his own look as a host, bringing dozens of CEOs to the Middle East, including Nvidia's Jensen Huang, Openai's Sam Altman, Elon Musk, Amazon's Andy Jassy, Andy's Andy Jassy, Palantir's Alex Karp and two other dozen.
The executives negotiated face-to-face deals with leaders of the Gulf nation. Many agreements in the Joe Biden administration’s policy have been broken, which strictly controls the sales of the most cutting-edge technology in the United States. Biden bans Nvidia and other chip makers from selling their latest merchandise to the Middle East powers, which have ties to China. Whether the Gulf states have the technology itself as a rule—the huge data center is built by an UAE company but managed by a U.S. company—or has submitted it to China in a geopolitical fall-out deal.
Despite uncertainty arising in some corners, the Trump White House issued three press releases boasting about how the president “acquired historic investment commitments,” a trillion-dollar total in three oil-rich nations. Part of a profile chart is the title: “Never get tired of winning.”
These deals can greatly enrich the technology CEO by opening up a new audience for their products. These are the same guys who are in charge of AI development, and Trump uses it as a proxy, it seems likely that the U.S. model of technological power is spreading in new places.
It's also worth noting throughout the journey: Elon Musk proves that he still has considerable influence in the White House. The world's wealthiest person may have already been the hub of the project that cuts costs from the government, but he reappears next to the president.
However, Musk's presence on the journey has less relationship with AI than Altman or Huang's. His value to the presidential deal is his power to the global internet connection. Starlink is the satellite internet division within Musk's SpaceX, which controls more than half of the satellites orbiting Earth, and he has used a protocol in Saudi Arabia for sea and aviation. He went again: his Tesla Optimus Prime robot performed YMCA dances for Trump and the Saudi Crown Prince.