US tech CEOs tout Saudi AI deals as Trump eyes region's oil wealth

Commerce Department scraps export curbs, clearing way for Nvidia, AMD partnerships

20250514N Trump Mideast

U.S. President Donald Trump poses for a photo with Saudi Crown Prince Mohammed bin Salman and tech CEOs at the Saudi-U.S. Investment Forum in Riyadh on May 13. © AP

KOSUKE SHIMIZU

PALO ALTO, California -- The delegation of U.S. tech CEOs that joined President Donald Trump in Saudi Arabia this week underscores a turnaround in Washington's stance on supplying artificial intelligence technology to the Middle East, as the administration sets its sights on the region's oil wealth.

The gathering included Nvidia CEO Jensen Huang, who Trump singled out in an address Tuesday, as well as tech billionaire Elon Musk, OpenAI CEO Sam Altman, Amazon CEO Andy Jassy, AMD CEO Lisa Su, and Alex Karp, CEO of defense-focused AI analytics company Palantir Technologies.

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