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Business Leaders Meet Trump and Saudi Officials at Riyadh Lunch

Top U.S. executives explored investment opportunities with Saudi leaders in Riyadh.

May 13, 2025 at 11:06 AM

Elon Musk and Sam Altman Among Business Leaders at Trump-Saudi Lunch

Top U.S. executives gather for lunch in Riyadh to explore opportunities with Saudi investors.

Business Leaders Meet Trump and Saudi Officials at Riyadh Lunch

Numerous business leaders from major American companies met with President Trump and Saudi officials in Riyadh for a lunch event on Tuesday. The gathering included executives from various sectors, aiming to attract investments from Saudi Arabia and discuss lobbying efforts regarding U.S. trade policies. Among the notable attendees were tech executives like Sam Altman of OpenAI and Elon Musk of Tesla. This event highlights the growing interest from Saudi Arabia in artificial intelligence as part of its strategy to diversify the economy beyond oil.

Key Takeaways

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Major U.S. executives are seeking Saudi investments.

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The lunch underscores a surge in Saudi interest in artificial intelligence.

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Tech leaders are leveraging the opportunity to influence U.S. trade policy.

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High stakes exist as companies face challenges from tariffs.

"Saudi Arabia is positioning itself as a leader in artificial intelligence."

This quote highlights the kingdom's strategic focus on diversifying its economy through technology investment.

"Business leaders are seeking golden opportunities in Riyadh."

This remark reflects the executives' ambition to secure funding and partnerships in a lucrative market.

This meeting represents a significant merging of American business interests with Saudi investment strategies. The presence of tech magnates suggests an ongoing race for influence in AI, a sector that Saudi Arabia is keen to dominate. Furthermore, the executives' push to discuss trade policies indicates potential challenges as tariffs affect their global operations. The urgency of establishing ties with Saudi investors shows a clear pivot toward fostering international relations at the highest levels.