Executives of large technology companies traveled to Riyadh, the capital of Saudi Arabia, with the President of the United States, Donald Trump,and high -ranking advisers on Tuesday (13). The goal was search for investments Of the kingdom, known for its vast oil reserves.
Trump went directly to his meeting with the Saudi Prince, Prince Mohammed bin Salman. “We have here the biggest business leaders in the world,” the President said, according to the Washington Post. “They will leave here with many checks for many things you will provide (Arabs).”
This is Trump’s first major international journey in his second term. She illustrates her New model of commercial diplomacy, in which business and foreign politics walk togetherPoint to the newspaper. And entrepreneurs have assumed the role of ambassadors in United States politics.
The great technological leaders accompanied Trump in the first summary of the Saudi investment
The visit was part of the first Saudi Investment Summit in the United States-Abábia. In addition to technology, the event brought together executives from sectors such as Banking and Financial.
However, the The prominent presence of Big Techs demonstrated the amount that the sector depends on the financial support of golf states to advance in artificial intelligence projects (IA).
- The presence of these executives contrasts with 2018, when many boycotted the Saudi conference due to the murder of journalist Jamal Khashoggi, columnist of Washington Postto the Saudi consulate in Istanbul;
- It is worth mentioning: Jeff Bezos, founder of Amazon and owner of the Washington PostHe did not follow Trump during his visit to Saudi Arabia. In previous years, he supported campaigns to draw attention to the Khashoggi case. But Amazon recently announced AWS data centers in the country.
In recent years, It has been common to see technology leaders traveling to the Middle East to search for investments. Money is used to develop AI infrastructure, considered essential for the future of companies.
The relationship is of mutual interest. It Saudi Arabia also wants to diversify its economyCurrently based on oil. The agreements signed during the visit show how the kingdom uses its resources to obtain a global relevance, according to the Position.
Who was and who was not
Take a look at the presence and absences of great technological leaders during Trump’s visit to Saudi Arabia:
Who was
- Alex Karp (CEO of Palantir);
- Andy jassy (CEO of Amazon);
- Ben Horowitz (CO -Founder of Andreessen Horowitz, investment company);
- Dara Khosrowshahi (CEO of Uber Technologies);
- Elon Musk (Owner of Tesla, Spacex and X, as well as Trump’s adviser to the Government Efficiency Department, DOGE);
- Jensen Huang (CEO of Nvidia);
- Lisa su (CEO of AMD);
- Ruth Poat (President and Director of Investment of Alphabet and Google);
- Sam Altman (CEO of Openai, developer of Chatgpt);
- Tim Sweeney (CEO of Epic Games);
- Travis kalanick (co -founder and former CEO of Uber).
Who wasn’t
- Brad Smith (President of Microsoft);
- Jeff Bezos (Founder and former CEO of Amazon);
- Lips-bu tanned (Intel CEO);
- Mark Zuckerberg (CEO of the target);
- Reid Hoffman (Linkedin co -founder);
- Satya Nadella (CEO of Microsoft);
- Grin (Google CEO);
- Tim cook (Apple CEO).
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Agreements and distrust
Among the agreements, stands out Sale of hundreds of thousands of Nvidia Blackwell Chips in Humain, startup created by Saudi Sovereign Fund. It AMD also announced a $ 10 billion agreement ($ 56 million) With the same company.
In spite of enthusiasm, foreign policy experts heard by the Washington Post raise doubts. They warn that the The US can share too many strategic technologies without sufficient guarantees in return.
So what? Well, this could be risks to national security, making the country depending on collaborations with authoritarian governments. But apparently, it’s OK for Trump.
