Historic Economic Deal Signed Between US And Saudi Arabia

By: cointribuneen|2025/05/14 05:30:06
0
Share
copy
On May 13, 2025, in Riyadh, Donald Trump signed a strategic partnership with Saudi Arabia valued at 600 billion dollars. Beyond the sum, it is the nature of the alliance, between defense, tech, and energy, that is striking. While Washington strengthens its foothold in the Middle East and Riyadh accelerates its post-oil transformation, this agreement redefines the balance of power between two powers seeking global influence. A Geostrategic Alliance Amid Record Contracts It was in the heart of the Royal Palace of Saudi Arabia that President Trump and Crown Prince Mohammed bin Salman formalized a large-scale “strategic economic partnership” . Indeed, during the signing ceremony in Riyadh, Donald Trump referred to a “historic” commitment that “could help create up to two million jobs in the United States” . The White House, meanwhile, praised an agreement “based on 600 billion dollars of Saudi commitments to invest in the American economy” , promising “sustainable economic benefits for generations to come” . This partnership is based on a dozen memoranda of understanding covering various fields. Here are the key points publicly announced : 142 billion dollars allocated to a mega defense contract, the largest ever signed between the two countries, including military equipment, aerial, space, and cybersecurity capabilities ; 20 billion dollars committed by DataVolt for the creation of sustainable energy-powered data centers in the United States ; 80 billion dollars invested in breakthrough technologies by a consortium of major American and Saudi technology companies: Google, Oracle, Salesforce, AMD, and Uber ; Unprecedented bilateral agreements with the Smithsonian Institute, concerning the National Museum of Asian Arts and the National Zoo for Biodiversity Conservation. These elements lay the foundations for multidimensional cooperation that goes beyond commercial issues alone, integrating into a logic of influence, modernization, and global strategic rebalancing. The Other Aspect of the Agreement : Data Centers, AI, and Big Tech Support Besides the defense contracts, the technological aspect of the agreement draws attention by its strategic density. Saudi giant DataVolt has committed to invest 20 billion dollars in data centers and energy infrastructures in the United States, focused on artificial intelligence. Moreover, a joint commitment of 80 billion dollars was announced by a consortium composed of Google, Oracle, Salesforce, Uber, and AMD, aiming to accelerate investments in so-called “transformative” technologies in both countries. These initiatives were not all included in prior announcements, highlighting the element of surprise and the real scope of this pact. The second part of the agreement reveals a nuanced “soft power” strategy through technology, which consolidates links between American digital giants and the Saudi kingdom. Thus, the involvement of figures such as Elon Musk, Sam Altman, and Larry Fink, present in Riyadh at the signing, adds a layer of credibility to this tech-industrial rapprochement. The emphasis on data infrastructure and artificial intelligence reflects a shared desire to establish enhanced digital sovereignty amid global tensions, notably Sino-American ones.

-- Price

--

You may also like

Strategy Founder: The Next 10 Years of Bitcoin

In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...

Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet

Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...

Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy

Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com