Some US tech firms announced deals they signed in the Middle East as Donald Trump got $600bn in commitments from Saudi Arabia to American Artificial Intelligence (AI) companies during a tour of Gulf States. Apart from the US and the Saudi Arabian governments, which are the two leading entities, there are other top companies involved in the deals.
Below are details of some of the leading companies involved in the multibillion-dollar deals.
1. NVIDIA: NVIDIA emerged as the major beneficiary of Gulf AI deals, leveraging its market‑leading semiconductors to secure the lion’s share of commitments.
NVIDIA agreed to supply “hundreds of thousands” of its latest Blackwell AI chips to Saudi Arabia, beginning with a first tranche of 18,000 units for Humain, the sovereign‑wealth‑fund‑backed AI startup. NVIDIA’s market capitalisation climbed past USD 3 trillion, showing investor confidence in its AI dominance.
2. AMD: Advanced Micro Devices (AMD) followed with a USD 10 billion deal to deploy 500 megawatts of AI compute infrastructure for Humain over five years, providing both GPUs and orchestration software. This commitment reflects AMD’s ambition to contest NVIDIA’s supremacy in AI accelerators.
3. Qualcomm: Qualcomm signed a memorandum of understanding to co‑develop a central‑processor data centre with Humain, according to Reuters. This move marks its first major foray into large‑scale AI infrastructure in the Middle East.
4. Cisco: Cisco secured a partnership with UAE’s G42 to “assess the potential” for AI‑enhanced cybersecurity and data‑centre technologies, embedding its networking and security solutions into the region’s AI architecture.
5. DataVolt: DataVolts, the Saudi investment vehicle, pledged USD 20 billion for AI data centres and energy infrastructure in the United States. This commitment shows a two-way flow of capital and expertise between the US and Saudi Arabia.
6. A consortium, comprising Google, Oracle, Salesforce and Uber, announced a USD 80 billion joint commitment to “transformative technologies” across both countries.
More deals are expected to be signed as President Trump is still touring the Gulf States with plans to visit the UAE next.