They are dumping some of the risk on Saudi Arabia now. During the MBS, Musk, Huang, Trump meeting MBS had to upgrade his previous $600 billion shakedown to $1 trillion, all of which goes to oligarchs in "AI", defense etc.
As a result, for example xAI now builds a fossil fuel powered data center with a Saudi state-backed firm named Humain.
It will probably end up like the Twitter investment of the Saudis.
bgwalter•24m ago
As a result, for example xAI now builds a fossil fuel powered data center with a Saudi state-backed firm named Humain.
It will probably end up like the Twitter investment of the Saudis.