President Donald Trump on Tuesday said Saudi Arabia has committed to invest $600 billion in the US with an initial focus on energy, defense, technology, global infrastructure and critical minerals.
Alphabet's (GOOG) Google, DataVolt, Oracle (ORCL), Salesforce (CRM), Advanced Micro Devices (AMD) and Uber Technologies (UBER) are pledging to invest $80 billion in technologies in both countries, according to a press release from the White House.
DataVolt is moving forward with plans to invest $20 billion in AI data centers and energy infrastructure in the US, while Hill International, Jacobs Solutions (J), Parsons (PSN) and AECOM (ACM) are building King Salman International Airport, King Salman Park, The Vault, Qiddiya City and other infrastructure projects totaling $2 billion in US services exports.
None of the companies immediately replied to requests for comment from MT Newswires.
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