May 14, 2025

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Saudi Arabia Invests $600B in US AI, Central Asia Emerges as New Hub

A series of recent investments and developments are shaping the global artificial intelligence landscape. Saudi Arabia has pledged to invest $600 billion in the US, with a focus on AI, infrastructure, and defense technologies. Additionally, Burkhan World Investments has signed a $15 billion deal with Saudi Arabia to invest in mining, AI, and defense technologies. Central Asia, particularly Kazakhstan, is emerging as a new hub for AI investment, with a $4 billion AI investment pipeline and the development of its first AI supercomputing cluster. US tech firms such as Global AI are securing significant investments from Saudi Arabia to develop AI infrastructure and data centers. The use of AI is also expanding into various sectors, including healthcare, law, and chip manufacturing, with both opportunities and challenges being explored. Experts are emphasizing the need for a global approach to AI regulation, citing potential risks such as information inequality and national security threats.

Key Takeaways

  • Saudi Arabia has pledged to invest $600 billion in the US, focusing on AI, infrastructure, and defense technologies.
  • Burkhan World Investments has signed a $15 billion deal with Saudi Arabia to invest in mining, AI, and defense technologies.
  • Central Asia, particularly Kazakhstan, is emerging as a new hub for AI investment with a $4 billion AI investment pipeline.
  • US tech firm Global AI has secured a significant Saudi Arabian investment to develop AI infrastructure and data centers.
  • The use of AI is expanding into various sectors, including healthcare, law, and chip manufacturing.
  • Experts are emphasizing the need for a global approach to AI regulation due to potential risks such as information inequality and national security threats.
  • A new AI tool called FaceAge can predict a person's biological age from a single photo using machine learning algorithms.
  • Prevencio has received FDA Breakthrough Device Designation for its AI-driven blood test for obstructive coronary artery disease.
  • The limitations of AI in chip manufacturing include data scarcity, hallucinations, and the need for improved explainability.
  • A global approach to AI regulation is recommended to mitigate risks and ensure the technology is used for the greater good.

Burkhan World Investments Signs $15B Deal with Saudi Arabia

Burkhan World Investments has signed a $15 billion deal with Saudi Arabia to invest in mining, AI, and defense technologies. The deal includes three memoranda of understanding and aims to support Saudi Arabia's Vision 2030. The investments will focus on critical minerals, artificial intelligence, and dual-purpose defense technologies. Burkhan World Investments is a US-based global investment platform with hubs in Abu Dhabi and Miami.

Investors Flock to Central Asia for AI Opportunities

Central Asia is becoming a new hub for AI investment, with Kazakhstan at the forefront. The country is developing its first AI supercomputing cluster and has a $4 billion AI investment pipeline. Kazakhstan's minister of digital development says the country is committed to innovation and local empowerment. The region's growing AI ecosystem is attracting investors and startups, with a focus on areas like fintech and digital governance.

Saudi Arabia Pledges $600B Investment in US

Saudi Arabia has pledged to invest $600 billion in the US, with a focus on AI, infrastructure, and defense technologies. The investment is expected to benefit the crypto sector, with companies like Google and Oracle planning to deploy $80 billion into emerging technologies. The deal also includes investments in data centers, energy infrastructure, and blockchain technology.

US Firm Global AI Secures Saudi Investment

Global AI, a US tech firm, has secured a Saudi Arabian investment worth billions of dollars. The company plans to collaborate with Saudi Arabian artificial intelligence venture Humain to develop AI infrastructure and data centers. The investment is part of a larger effort by Saudi Arabia to become a technology hub and diversify its economy.

US Firm Global AI Secures Saudi Investment

Global AI, a US tech firm, has secured a Saudi Arabian investment worth billions of dollars. The company plans to collaborate with Saudi Arabian artificial intelligence venture Humain to develop AI infrastructure and data centers. The investment is part of a larger effort by Saudi Arabia to become a technology hub and diversify its economy. Global AI will also build data centers in the US and Saudi Arabia, subject to US regulations.

Exiger and Axios Host AI Event

Exiger and Axios are hosting an event on AI, trade, and the new rules of power. The event will feature top defense and elected officials, including the US Army Secretary and Senator Jeanne Shaheen. The discussion will focus on the role of AI in securing critical supply chains and the future of global defense industry innovation.

Anthropic Co-Founder to Speak at TechCrunch Sessions

Jared Kaplan, co-founder of Anthropic, will speak at TechCrunch Sessions: AI on June 5. Kaplan will discuss hybrid reasoning models and share insights into Anthropic's risk-governance framework for mitigating potential AI risks. He will also share his vision for how AI will transform human-computer interaction and work processes.

Astera Labs Boosted by New Products and AI Spending

Astera Labs is expected to be boosted by new products and increased AI spending, according to Morgan Stanley. The company has seen growth in its AI-related products and is expected to benefit from the increasing demand for AI technology.

Limitations of AI in Chip Manufacturing

The use of AI in chip manufacturing has several limitations, including data scarcity, hallucinations, and the need for improved explainability. Industry leaders discussed these challenges at the Advanced Semiconductor Manufacturing Conference, highlighting the need for more research and development to overcome these limitations.

Prevencio Receives FDA Breakthrough Device Designation

Prevencio has received FDA Breakthrough Device Designation for its AI-driven blood test for obstructive coronary artery disease. The test, called HART CADhs, uses machine learning algorithms to detect blockage in the heart's arteries. The designation recognizes the test as an innovative technology with significant advantages over existing solutions.

AI Tool Can Predict Biological Age from One Photo

A new AI tool called FaceAge can predict a person's biological age from a single photo. The tool uses machine learning algorithms to analyze facial features and provide an estimate of a person's biological age. The developers hope that the tool can be used to improve healthcare outcomes and provide more accurate diagnoses.

AI is Changing the Practice of Law

AI is having a significant impact on the practice of law, with potential applications in areas such as document review and contract analysis. However, there are also challenges to consider, including the need for upselling and the potential disruption of traditional law firm models. Experts discuss the opportunities and challenges of AI in the legal profession.

Global Approach to Artificial Intelligence Needed

The United Nations Secretary-General's High-level Advisory Body on AI has released a report calling for a global approach to AI regulation. The report argues that AI has the potential to be used for good, but also poses risks such as information inequality and national security threats. The advisory body recommends the establishment of a scientific panel on AI and the development of a common understanding of AI's capabilities and risks.

Sources

Artificial Intelligence Saudi Arabia Investment AI Technology Defense Technologies Global AI