TV News LIES

Tuesday, Jun 17th

Last update06:06:33 AM GMT

You are here News International How Donald Trump’s ‘historic’ Gulf state deals benefit a handful of powerful men

How Donald Trump’s ‘historic’ Gulf state deals benefit a handful of powerful men

E-mail Print PDF
Trump Gulf deals

On his tour of the Middle East this week, Donald Trump announced a slew of multibillion-dollar tech deals with the leaders of Saudi Arabia, the United Arab Emirates and Qatar. With the sale of the US’s most advanced technology, he also sold the American model of the industry that made it: enormous amounts of power concentrated in the hands of a few men.

The announcements poured in last week: the US and the United Arab Emirates agreed on Abu Dhabi as the site of the largest artificial intelligence campus outside the US. The deal reportedly allows the UAE to import half a million Nvidia semiconductor chips, considered the most advanced in the world for the creation of artificial intelligence products. Saudi Arabia struck a similar deal for semiconductors, obtaining the promise of the sale of hundreds of thousands of Nvidia Blackwell chips to Humain, an AI startup owned by its sovereign wealth fund.

Cisco said it had signed a deal with a UAE AI firm to develop the country’s AI sector. The agreements also directed some investment by Saudi firms into US technology and manufacturing. Amazon Web Services and Qualcomm likewise announced deals on cloud computing and cybersecurity.

More...


Most Recent Related Stories...


Israeli forces kill 51 Palestinians waiting for flour at Gaza aid site, witnesses and rescuers say

51 Palestinians killed at aid center The Hamas-run civil defence agency said Israeli troops fired on crowds near the aid site in...

Trump Says U.S. Knows Where Iran's Khamenei Is Hiding, Urges Iran's Unconditional Surrender

Iran leaderPresident Donald Trump said Tuesday the U.S. knows where Iran’s Supreme Leader Ayatollah Ali Khamenei is...

Japan PM throws support behind Ukraine to achieve lasting peace

Japan backs Ukraine Prime Minister Shigeru Ishiba on Tuesday vowed Japan's continued support for Ukraine to achieve a "just...

Dozens killed by Israeli fire near Gaza aid sites, Hamas-run ministry says

Dozens killed near aid At least 30 Palestinians have been killed by Israeli gunfire near aid distribution sites operated by...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!