Saudi Arabia appears to be fully engaged in a MAGA-washing campaign,
buddying up to the Trump administration and its hangers-on to improve
its image for billionaires to do business there.
It appears to be
working.
At a US-Saudi investment forum hosted on Wednesday, Elon Musk announced that his AI startup, xAI, will build a 500-megawatt data center in Saudi Arabia.
The two
aren’t unfamiliar with each other, as Saudi Arabia’s investment arm,
Kingdom Holding Company, was one of the biggest financers of Musk’s takeover of Twitter.
The data center does still face some obstacles, including the fact
that Saudi Arabia can’t currently purchase the latest and greatest chips
from Nvidia due to export controls put in place by the Trump
administration.
But don’t worry, Trump seems more than happy to lift those restrictions so that Humain can meet its goal of deploying 400,000 AI chips by 2030 Tareq Amin, the head of Saudi Arabia’s artificial intelligence startup
Humain, has been courting favor with the Trump administration for
exactly this reason, including promising not to do business with Chinese firms like Huawei.
In
case there was any doubt, it appears you can still grease the wheels of
dealmaking with the Trump administration with flattery and favoritism.
HUMAIN
and Adobe Announce Global Strategic Partnership to Build AI Models and
Ai-Powered Applications Tuned for the Arab World at the U.S.-Saudi
Investment Forum
Adweek,
a U.S.-based weekly trade publication, was established in 1979 to cover
the advertising and brand marketing industries. The publication reports
on topics including creativity, client-agency relationships, and media
and technology within the global marketing ecosystem. Owned by Shamrock
Capital since June 2020, Adweek reaches over 6 million professionals
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Employee satisfaction has been mixed, with some expressing
dissatisfaction with work-life balance and compensation.
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