Saudi company to invest $20 billion in AI in US: White House

World News
13-05-2025 | 10:30
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
Saudi company to invest $20 billion in AI in US: White House
Whatsapp
facebook
Twitter
Messenger
telegram
print
0min
Saudi company to invest $20 billion in AI in US: White House

A Saudi company will invest $20 billion in artificial intelligence-related sites in the United States, the White House said Tuesday, as the oil-rich kingdom seeks a leading role in the technology.

Saudi firm DataVolt "is moving forward with plans to invest $20 billion in AI data centers and energy infrastructure in the United States," the White House said in a statement as President Donald Trump paid a state visit to Riyadh.


AFP
 

World News

Middle East News

Saudi Arabia

Company

Investment

Billion

AI

US

White House

LBCI Next
Armed clashes erupt in Libya's Tripoli after reported killing of armed group leader
Trump says he could go to Turkey to join Russia, Ukraine
LBCI Previous

Related Articles

d-none hideMe
LBCI
Variety and Tech
2025-05-12

Saudi crown prince launches new company to develop AI technologies

LBCI
Middle East News
2025-03-21

UAE commits to $1.4 trillion investment framework in US: White House

LBCI
Israel-Gaza War Updates
2025-03-18

Israel consulted US on its strikes in Gaza: White House told Fox News

LBCI
World News
2025-02-16

White House envoy, national security advisor head to Saudi Arabia for Russia talks

Recommended For You
d-none hideMe
LBCI
World News
14:40

France's Macron: New Russia sanctions could hit financial services, hydrocarbons in coming days

LBCI
World News
14:23

US imposes sanctions on companies it says sent Iranian oil to China

LBCI
World News
10:20

US, Saudi Arabia ink massive $142 billion arms deal: Statement

LBCI
World News
09:36

Trump, Saudi crown prince sign 'strategic economic partnership'

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
World News
04:23

King Charles to host France's Macron for July state visit to UK

LBCI
World News
2025-03-15

Trump announces 'decisive' US strikes on Yemen's Houthi

LBCI
Middle East News
2025-01-02

Palestinian Authority suspends broadcast of Qatar's Al Jazeera TV temporarily

LBCI
Lebanon News
2025-04-25

Interior Minister schedules May 24 elections in South Lebanon and Nabatieh, adjusted for holiday

Videos
d-none hideMe
LBCI
Lebanon News
2025-05-11

Kuwait rolls out official welcome for Lebanon's President Aoun – video

LBCI
Lebanon News
2025-05-11

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

LBCI
News Bulletin Reports
2025-05-09

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

LBCI
Lebanon News
2025-04-23

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

LBCI
Lebanon News
2025-04-08

Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust

LBCI
Lebanon News
2025-04-06

LBCI Exclusive: US envoy Morgan Ortagus reveals US vision for Lebanon’s stability and disarmament – full interview transcript

LBCI
Lebanon News
2025-03-23

LBCI's Pierre El Daher bids farewell to Hoda Chedid: You will always be our guiding light

LBCI
Middle East News
2025-03-19

Israeli official urges international support for Lebanese government and army

LBCI
Lebanon News
2025-02-23

Israeli aircraft fly at low altitude over Beirut during Hezbollah's former leaders funeral

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More