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

World News

13-05-2025 | 10:30

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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.

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