Smashing out 22 trillion, "feeding" Trump, the "Gulf oil kingdom" aims to become an "AI superpower"

Wallstreetcn
2025.05.16 08:51
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During his visit to the Middle East, U.S. President Trump announced that Saudi Arabia, Qatar, and the United Arab Emirates pledged to invest trillions of dollars to promote AI development and reshape the global AI competitive landscape. Saudi Arabia will invest $600 billion, the UAE has committed $1.4 trillion, and Qatar will add $200 billion, with investment areas including AI infrastructure and semiconductors. This visit is not only a diplomatic activity but also a strategic technology transfer that could give rise to a new AI superpower