With HUMAIN, the kingdom aims to lead in regional AI innovation, challenging global dominance with homegrown infrastructure and language models.

Although Trump recently attended the funeral of Pope Francis in Rome, Saudi Arabia was originally intended to be his initial overseas destination, just like in his first term. It served as a gilded debut for a foreign policy focused on securing cash infusions for American businesses.

Nvidia leaped back into the vaunted $3 trillion club on Tuesday as its stock shot up following the announcement of a major sale to a state-backed Saudi Arabian AI company.

Humain and Nvidia have signed a deal for a 500-megawatt AI data center in Saudi Arabia. The deal was announced during the Saudi-US investment forum. Humain

(Reuters) - Nvidia CEO Jensen Huang's personal net worth jumped to around $120 billion on Tuesday, up from $80 billion last year, as a boom in demand for the company's artificial intelligence chips has powered a steep rally in its shares.

In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.

US President Trump moves to ease AI chips export rules, letting nations like Saudi Arabia negotiate access while aiming to prevent tech diversion to China.

Humain, Saudi Arabia’s new artificial intelligence investment company, is teaming up with chipmaker Advanced Micro Devices Inc. to spend $10 billion on AI infrastructure over the next five years.