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Elon Musk’s xAI and Nvidia are teaming up to build a 500-megawatt AI factory in Saudi Arabia after Crown Prince Mohammed bin Salman (MBS) said he has committed land, capital, and energy to become “the most AI-enabled nation,” with MBS laying out a vision for deploying tens of millions of robots to boost productivity and rewrite labor economics.
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Jensen Huang described the project as essential to the shift from “retrieval-based” to generative computing, saying real-time AI demands massive, localized compute power — hence the global push for AI factories.
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Elon Musk said humanoid robots will be the biggest product in history, bigger than smartphones, and claimed AI and robotics are the only real path to eliminating poverty, not bureaucracy or foreign aid.
Live Reporting
The conversation turned philosophical fast.
Elon was asked what all this means for workers. “Work will be optional,” he said flatly. “Some people will still choose to do it — like gardening or sports — but you won’t need to.” In his view, money itself could become irrelevant, and he urged the audience to read Iain M. Banks’ Culture novels to understand how a post-scarcity society might work. “We’ll solve poverty through AI and robotics, not politics.”
Jensen added, “We’ll actually be busier. Because productivity means we’ll finally have time to chase more ideas.” He cited radiology — a field many predicted would vanish — as a case study. “AI made it better, faster. More radiologists are being hired now, not fewer. That’s what real disruption looks like.”
Then came the next moonshot: AI in space.
“It’s inevitable,” Elon said. “If we want even a millionth of a Kardashev Type II civilization, we’ll need solar-powered AI satellites doing compute in deep space.” He laid out the math: Earth receives just one-two-billionth of the sun’s energy, and scaling up data centers to meet AI’s future demands on Earth would be physically impossible. “In space, it’s always sunny. No batteries. No glass. No water cooling. Just raw solar and radiative heat loss.”
Jensen chimed in: “Our racks weigh two tons, and 95% of that is cooling. Space solves that.”
The final question: Is this an AI bubble?
Jensen laughed and shook his head, then gave Elon a knowing look before responding with:-
“Not even close. We’re witnessing the death of Moore’s Law, the rise of generative AI, and a massive shift from general-purpose CPUs to accelerated computing. Six years ago, CPUs powered 90% of supercomputers. Now it’s under 15%. Everything is shifting to GPUs.”
This post is updated LIVE!
As the packed Kennedy Center hung on every word, Elon Musk and Jensen Huang closed out the U.S.-Saudi investment forum with a mix of real-world breakthroughs and straight-up science fiction, the kind of session where nanobots, trillion-dollar data centers, and orbital AI all felt like parts of the same plan.
Abdullah Alswaha returned to the stage to reveal one last set of stories before the final announcements. He highlighted two Saudi research breakthroughs, both accelerated by the AI tools Elon and Jensen have built.
First: Professor Omar Yaghi, a Saudi-American Nobel Prize winner, used Grok and Nvidia accelerators to create metal-organic frameworks that can pull water from air and trap CO₂.
The second? A nano-robot, just 500 by 1,000 nanometers, built using CRISPR and AI, now being tested to treat sickle cell disease, a concept that sat in research limbo for decades until AI kicked it into gear.
After unveiling their 500 MW AI factory deal with Saudi Arabia, Elon Musk and Jensen Huang turned to a more existential question: what happens to jobs when AI and robots can do everything?
“Work will be optional,” Elon said without hesitation. “It’ll be like playing sports or a video game. If you want to work, you can — but you won’t have to.”
He compared future labor to backyard gardening: “You could go to the store and buy vegetables, or you could grow them yourself. It’s harder, but some people enjoy it. That’s what work will feel like.”
Elon also pointed to a deeper shift. “Money may stop mattering. In the far future, assuming AI and robotics keep advancing, currency becomes irrelevant. There will still be limits with energy and materials, but not money the way we think about it now.”
He recommended reading Iain M. Banks’ Culture novels to imagine that kind of world, a post-scarcity society where wealth, jobs, and status aren’t tied to survival.
Jensen, sipping water and grinning, jumped in: “For the record, currency still matters today. Nvidia’s earnings call is later, by the way.”
Then he got serious. “Jobs aren’t going away, they’re changing. You’ll do more with less effort. What used to be hard becomes easy. And when that happens, you’ll just chase more ideas.”
He said people like him and Elon will probably get busier because of AI. “We’ve got so many things we want to build. AI will make us faster. So we’ll do more.”
Jensen offered a real-world example: radiology. “Everyone thought AI would wipe out radiologists. But the opposite happened. There are now more radiologists being hired, because AI helps them read images faster, study more modalities, and see more patients. AI made them better doctors.”
This post is updated LIVE.
The morning after their private dinner with Trump and MBS, Elon Musk and Jensen Huang took the stage in Washington with Saudi Arabia’s Minister of Communications and IT, Abdullah Alswaha, to launch what they called a “historic alliance” between xAI, Nvidia, and the Kingdom, starting with a 500-megawatt AI compute facility on Saudi soil.
After a booming welcome, Abdullah introduced Elon and Jensen as “two of the greatest visionaries in tech history” and wasted no time setting the stakes. “We helped fuel the industrial age with oil,” he said. “Now, we’re building the infrastructure for the intelligence age; AI factories, EVs, robotics, all of it.”
Elon was up first. He dismissed the word “disruption” and said what xAI and Tesla aim for is “creation.”
He pointed out that before SpaceX, reusable rockets didn’t exist. Before Tesla, “you couldn’t even buy an electric car.” And now, he’s betting on the next frontier: humanoid robotics. “There are no useful humanoid robots today,” Elon said bluntly. “Just gimmicks. Tesla will make the first useful ones.”
The crowd laughed as he brought up the dream of owning a personal C-3PO or R2-D2, but Elon got serious fast. “Humanoid robots will be the biggest product in history. Bigger than cell phones. Everyone will want one — or more.”
His vision goes further. Elon claimed AI and robotics aren’t just gadgets. “They’re the only path to eliminating poverty. Not aid. Not bureaucracy. Just scalable intelligence and machines.”
Abdullah jumped back in, calling Tuesday’s joint announcement between the U.S. and Saudi Arabia “a new strategic layer” in global AI competition. “We’re committing our capital, land, and energy to build AI factories. This is our next oil.”
That’s when Jensen stepped in.
He called Saudi Arabia’s plan to evolve from “AI refineries to AI factories” a global blueprint. “In the past,” Jensen said, “computers were built for retrieval. You typed, it fetched. Now it’s generative — content is built in real time, for you, based on context.”
That shift, he explained, demands massive infrastructure: not just data centers, but real-time inference and training nodes, custom-built for this kind of live, responsive intelligence.
“When you use Grok,” Jensen said, nodding at Elon, “you’re not just reading. You’re triggering computation. Every prompt generates a new result. And that’s why we need AI factories. Everywhere.”
The session ended with a nod back to MBS’s stated ambition to deploy “tens of millions of robots” across industries, from logistics to healthcare to education, to augment the workforce and supercharge productivity.
This post is updated LIVE.
The day after Trump and MBS wrapped their summit at the White House, Elon Musk and Jensen Huang are stepping into the spotlight.
Both men will appear Wednesday at the U.S.-Saudi investment forum at the Kennedy Center, where they’re set to headline a panel on artificial intelligence and the next wave of global tech infrastructure.
The session, moderated by Abdullah Alswaha, will drill into the models and architectures fueling what organizers are calling a “more intelligent and interconnected future.”
Elon and Jensen aren’t showing up alone. The guest list reads like the front row of a corporate Met Gala; Tim Cook, David Ellison, Marc Benioff, Bill Ackman, Cristiano Ronaldo, plus the top brass from Chevron, Palantir, Aramco, Qualcomm, Adobe, Pfizer, General Dynamics, and Cisco.
Also in the room: senior execs from Boeing, Google, IBM, Supermicro, Lockheed Martin, Salesforce, Halliburton, State Street, Parsons, Blackstone, Andreessen Horowitz, and Saudia Group, a mix of Silicon Valley muscle, defense heavyweights, and oil titans all pulled into Washington’s orbit for this one event.
Trump is also expected to speak later in the day. The agenda includes panels on AI, energy, aerospace, healthcare, and finance, turning the Kennedy Center into a showcase of U.S.-Saudi deal-making, and setting the stage for what bin Salman earlier called a “huge new chapter” in the relationship.
This post is updated LIVE.
Elon Musk walked back through the gates of the White House on Tuesday night, ending months of tension with President Trump in the most Washington way possible; a gala dinner.
The occasion was of course the lavish evening to honor Mohammed bin Salman, with the East Room packed with billionaires, ballplayers, and power players.
Elon sat alongside names like Tim Cook, David Ellison, Marc Benioff, Bill Ackman, and Nvidia’s Jensen Huang. Even Cristiano Ronaldo showed up, along with heavy-hitters from the GOP like Vice President JD Vance and House Speaker Mike Johnson.
Elon’s presence was loud without saying a word. His fall from grace had been messy, after spending big to help Trump win in 2024 and heading up the now-defunct Department of Government Efficiency, he’d walked out in May over Trump’s ballooning tax cuts. The two hadn’t spoken publicly since.
His political detour had backfired: Tesla took a hit as the brand got wrapped up in Elon’s right-wing image, and investors started worrying he was more into Congress than cars.
He even threatened to start a third party, calling the Democrats and Republicans “a broken duopoly” before going dark.
Tuesday night, though, looked like a reset. Trump wanted him back. Republicans, especially JD Vance, have been quietly working to reel Elon back in.
Tesla board chair Robyn Denholm made it clear on the shareholder vote event a week ago that Elon can dabble in politics all he wants, as long as he hits the numbers tied to his $1 trillion pay package.
This post is updated LIVE.
As the bilateral meeting wound down, Donald Trump took one last opportunity to underscore what he called the “top of the line” relationship between the United States and Saudi Arabia.
“They trust us, and we trust them,” Trump said, nodding toward Mohammed bin Salman, who sat beside him with a tight smile. Trump credited that mutual trust for the $1 trillion investment pledge announced earlier in the day.
He then pivoted to politics, taking a shot at past administrations. “There wasn’t a great relationship under Biden or Obama, but there is with me,” he said bluntly, drawing chuckles from the press corps.
To close out the session, Trump teased what comes next: a private dinner with the crown prince in the White House’s East Room later that night. He joked it would be an “intimate gathering” and confessed that he’s “made a lot of enemies” by not inviting more people — or, as he put it, “some just couldn’t come because the room’s too small.”
With that, the press conference wrapped, bringing a flashy, high-stakes day of diplomacy to a close, but the second half of the visit kicks off tonight over dinner, and rolls into Wednesday’s investment summit.
This post is updated LIVE.
With the press still circling, a reporter fired the next big one: Had the U.S. and Saudi Arabia finalized a defense treaty? And where does Israel fit into all of this?
Crown Prince Mohammed bin Salman took that head-on. “We want to be part of the Accords,” he said, referencing the Abraham Accords, the 2020 U.S.-brokered deal that normalized ties between Israel and several Arab states.
But he made one thing crystal clear: Saudi participation hinges on a credible path to a two-state solution.
He described his conversation with Donald Trump as a “healthy discussion” on the topic.
Trump jumped in next, a bit looser with the details. “We talked about one-state, two-state… a lot of things,” he said with a shrug. Then he turned to the prince and asked: “You got a good feeling about it?” MBS smiled. “Yes definitely, Mr. President.”
On the U.S.-Saudi defense treaty, Trump said they’ve “pretty much reached an agreement,” though no signatures or formal documents were revealed on the spot.
When asked where the broader U.S.-Saudi partnership is heading, bin Salman called it a “critical relationship” across the board; politically, economically, militarily. “This visit represents a huge new chapter,” he added, emphasizing the importance of the next 48 hours in locking in that strategic pivot.
Trump, beaming, leaned toward the cameras and declared that he was sitting next to the “future king,” a man “respected by everybody.” He gestured at the press and said, “We didn’t have to do this, there’s never been transparency like this.”
This post is updated LIVE.
The room turned tense as questions shifted to Trump’s family business ties in Saudi Arabia and the dark cloud still hanging over the 2018 murder of Jamal Khashoggi.
Asked whether it was appropriate for his family to maintain business links in the kingdom while he’s president, Donald Trump shrugged it off. “Nothing to do with me,” he said. He claimed his relatives have ventures “all over” and actually do “little” business in Saudi Arabia, insisting his focus remains “on America.”
But it was the follow-up that dropped the temperature in the room: an ABC reporter asked Mohammed bin Salman about his alleged involvement in Khashoggi’s killing, and pointed out that 9/11 victims’ families were outraged by the prince’s visit, given that 15 of the 19 hijackers were Saudi nationals.
MBS, visibly composed as always, said hearing about the 9/11 families was “painful” and added that the death of Khashoggi was also painful “to hear of anyone losing their life for no real purpose.”
He labeled the killing a “huge mistake,” said his government took the “right steps” during the probe, and emphasized that Saudi systems have been “improved to ensure nothing like that happens again.”
This post is updated LIVE.
Things escalated fast inside the White House’s East Room Tuesday afternoon when Mohammed bin Salman picked up the mic, and casually added $400 billion more to Saudi Arabia’s investment promise.
“We can increase it to $1 trillion,” the crown prince said with a grin, as Donald Trump, seated beside him, blinked and asked, “Can you confirm that?”
“Definitely,” MBS replied.
“That’s great,” Trump said, leaning forward. “I appreciate that.”
Before taking press questions, Trump turned to the prince again, calling it “an honor” to be his friend and making sure the cameras caught the moment: “Now $1 trillion, OK,” he said, laughing. “I’m glad you got that out there, because I didn’t want to be the one to tell them.”
Bin Salman smiled and delivered one of the lines of the afternoon: “You keep increasing, Mr. President. Each time, the opportunities are increasing more and more.”
The room shifted as reporters fired their first questions, including one asking if Saudi Arabia could seriously commit to $1 trillion in U.S. investment given oil prices have dropped to around $60 per barrel, down from nearly $80 earlier this year.
MBS didn’t flinch. “We’re not creating fake opportunities to please America or President Trump,” he said firmly. “It’s real opportunities.”
He pointed straight at AI and advanced chips, saying Saudi Arabia’s need for compute power is massive and that a joint agreement with the U.S. would unlock real supply chains and partnerships to meet that demand.
This post is updated LIVE.
With military jets roaring overhead and the U.S. Marine Band setting the stage, Donald Trump emerged from the White House on Tuesday to greet Crown Prince Mohammed bin Salman (MBS) in a display thick with pageantry, symbolism, and serious money talk.
The two leaders shook hands firmly as cameras rolled, then strolled side-by-side into the White House for what’s shaping up to be a high-stakes bilateral meeting.
Inside, the energy shifted from spectacle to strategy. Trump opened by calling MBS an “extremely respected” man and reminded reporters that the prince has been his “friend for a long time.”
The U.S. president didn’t hold back on praise, even in areas where MBS has faced global criticism. Trump applauded his work on “human rights” and tipped his hat to the crown prince’s father, King Salman, saying he pays him the “greatest respects.”
From there, Trump shifted gears to tout his own administration’s domestic achievements; tariffs, elections, and a booming stock market, before dropping a headline number: $600 billion. That’s how much he said Saudi Arabia plans to invest in the U.S., referencing pledges made during his visit to Riyadh earlier this year.
“That number could go up a little bit higher,” Trump teased, grinning. “We appreciate it very much.”
He emphasized that the money would go toward American companies, factories, Wall Street, and most crucially, jobs. “We have a lot of jobs,” he said, nodding with satisfaction as bin Salman looked on.
This post is updated LIVE.
President Donald Trump on Monday confirmed that he’s giving the green light for Saudi Arabia to buy F-35 stealth fighter jets, a decision that could send shockwaves through Israel’s defense establishment as the U.S. embraces deeper ties with Mohammed bin Salman’s kingdom.
Speaking just hours before a Tuesday sit-down at the White House with MBS, Trump told reporters, “I am planning on doing that. They want to buy them. They’ve been a great ally.”
He credited the Saudis for helping coordinate U.S. missile strikes earlier this year that, in his words, “obliterated” Iran’s nuclear facilities.
The F-35 move is part of a much broader two-day diplomatic swing, one that also includes what Trump hinted will be a formal security agreement between Washington and Riyadh.
He gave no specifics but said the pact is coming, as both sides look to anchor long-term cooperation on military, energy, and tech fronts.
The visit also marks a strategic pivot. On Wednesday, Mohammed bin Salman will co-host a U.S.-Saudi investment forum at the Kennedy Center, but what’s not on the table, at least officially, is any hard push for normalization with Israel.
That file has been shelved as the Gaza war continues to ripple across the region, derailing one of Trump’s cornerstone foreign-policy goals.
This post is updated LIVE.
What to know
xAI and Nvidia are teaming up with the Kingdom of Saudi Arabia to build a massive 500‑megawatt AI facility, beginning with a 50 MW phase.
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