RIYADH (Enmaeya News) — Saudi Arabia has announced a historic $600 billion investment commitment to the United States as part of a strategic partnership unveiled at the Saudi-U.S. Investment Forum held in Riyadh on May 13. The high-profile event, dubbed "MAGA in the Desert," brought together major figures from the technology and finance sectors, including Elon Musk (Tesla), Sam Altman (OpenAI), Andy Jassy (Amazon), Larry Fink (BlackRock), Alex Karp (Palantir), and Jane Fraser (Citigroup), to discuss transformative opportunities in AI, cryptocurrency, health tech, and defense.
The forum, aligned with Saudi Arabia's Vision 2030 and the Trump administration's "America First" agenda, marks a significant step in deepening economic ties between the two nations. The strategic partnership aims to fortify both economies by localizing key industries, re-shoring manufacturing, and boosting technological collaboration. The summit's grand ambitions include Saudi Arabia's push to diversify its economy beyond oil dependency and the U.S.'s drive to solidify its tech dominance and manufacturing capabilities.
Big Announcements and Strategic Deals
Crown Prince Mohammed bin Salman highlighted the Kingdom's commitment to not only inject $600 billion into the U.S. economy but also to increase that figure to $1 trillion in the coming years. This bold pledge includes the largest defense agreement in history, with Saudi Arabia committing to a $142 billion purchase of U.S. arms. Dozens of commercial agreements were also signed, involving major corporations such as Amazon, AMD, and Uber, signaling a wave of technological and logistical cooperation.
In a strategic move to boost global connectivity, Saudi Arabia authorized SpaceX's Starlink service for aviation and maritime shipping. Additionally, Saudi Arabia's aviation leasing company, owned by the Public Investment Fund (PIF), announced the purchase of 30 Boeing 737 MAX jets, reinforcing its vision for regional transportation leadership.
AI and Technological Advancements
At the summit, the Kingdom unveiled its flagship AI initiative, Humain, a state-backed company under PIF aimed at driving innovation in next-generation data centers, Arabic-language AI models, and digital infrastructure across energy, healthcare, manufacturing, and financial services. A landmark partnership with Nvidia was announced, with Humainsecuring 18,000 of Nvidia's Blackwell chips to power its ambitious AI projects. This collaboration is poised to accelerate AI development in the Middle East and set a new standard for computational capabilities.
Trump saluted the Crown Prince stating that Saudi Arabia's transformation has been remarkable and that it is on its way to become a major business capital. Trump stated, "After so many decades of conflict, finally, it is within our grasp to reach the future that generations before us could only dream about, a land of peace, safety, harmony, opportunity, innovation and achievement right here in the Middle East."
Diplomatic Milestones and Regional Impact
In a surprise announcement during President Trump's speech, the U.S. revealed plans to lift sanctions on Syria, crediting Crown Prince Mohammed bin Salman for mediating the agreement. Trump also pledged U.S. support for Lebanon's new government, promising to "help them out," signaling a shift in U.S. foreign policy towards regional stability.
The Saudi-U.S. Investment Forum 2025 is more than an economic partnership—it is a strategic blueprint for redefining corporate diplomacy and economic resilience amid global uncertainties. As Saudi Arabia and the United States synchronize their industrial strategies, the foundation is set for an era of cooperative technological innovation and sustainable growth.
