Senior advisers to U.S. President Elon Musk (L) and NVIDIA CEO Jansen Huang (C) were directed to say hello to the Saudi crown prince at the Riyadh Crown Court on May 13, 2025.
Brendan Smialowski | AFP | Getty Images
Wealth and power.
Global political and business leaders gathered in Riyadh on Tuesday to attend the Saudi Arabian Investment Forum to discuss the AI boom and global trade.
President Donald Trump met with Saudi Crown Prince Mohammed bin Salman and several deals were announced between the two countries.
Saudi Arabia is investing $600 billion in the U.S., and the White House said it will promote “energy security, defense industry, technical leadership and access to global infrastructure and critical minerals.”
The White House also touted nearly $142 billion in deals, providing Saudi Arabia with weapons and services from US defense companies.
Nvidia CEO Jensen Huang announced a deal to supply high-end AI Blackwell chips to the Kingdom.
Tesla CEO Elon Musk and Amazon CEO Andy Jassy and one of other high-profile executives and power players such as Openai CEO Sam Altman letter President Ruth Porat, IBM CEO Arvind Krishna, Palantir CEO Alex Karp and Qualcomm CEO Cristiano Amon.
Alphabet Chief Investment Officer Ruth Porat (L) and NVIDIA CEO Jensen Huang (R) awaiting meeting with the Saudi crown prince at the Riyadh Crown Court on May 13, 2025.
Brendan Smialowski | AFP | Getty Images
U.S. President Donald Trump and Saudi Crown Prince Mohammed bin Salman were in a memorandum of understanding the signing ceremony at the Royal Court in Riyadh, Saudi Arabia on May 13, 2025.
Brian Snyder | Reuters
U.S. President Donald J. Trump and Saudi Crown Prince Mohammed Bin Salman attended a bilateral meeting on May 13, 2025 at the Saudi Crown Court in Riyadh, Saudi Arabia.
Win McNamee | Getty Images News | Getty Images
Openai CEO Sam Altman visited Riyadh with U.S. President Donald Trump and Tesla CEO Elon Musk, who visited Riyon Musk on May 13, 2025 in Riyadh, Saudi Arabia.
Brian Snyder | Reuters
Tesla CEO Elon Musk looked at Riyadh as he visited Riyadh with U.S. President Donald Trump on May 13, 2025.
Brian Snyder | Reuters
US President Donald Trump and Saudi Crown Prince Mohammed bin Salman took a group photo at the Saudi-US Investment Forum in Riyadh, Saudi Arabia on May 13, 2025.
Brian Snyder | Reuters
The CEO of the Advanced Micro Devices Lisa Su(C) is waiting to meet with the Saudi Crown Prince at the Riyadh Crown Court on May 13, 2025.
Brendan Smialowski | AFP | Getty Images
Uber CEO Dara Khosrowshai spoke at the Saudi-US Investment Forum in Riyadh, Saudi Arabia on May 13, 2025.
Hamad I Mohamed | Reuters