Trump secures $600 billion investment commitment from Saudi Arabia

Trump announced a historic $600 billion investment commitment from Saudi Arabia on Tuesday, marking a major milestone in U.S.-Saudi economic relations. The agreement, celebrated during Trump's visit to Riyadh, includes a broad range of deals focused on defense, energy, technology, infrastructure, and healthcare.

Among the key deals: DataVolt plans to invest $20 billion in U.S. data centers and energy infrastructure, while major American tech firms like Google, Oracle, and Salesforce will work jointly with Saudi partners on $80 billion in technology ventures. Iconic U.S. companies will also help build major Saudi infrastructure projects, generating $2 billion in services exports.

The announcement also includes a nearly $142 billion defense agreement—the largest in U.S. history—covering air, land, sea, and communications systems and training for Saudi armed forces. Additional agreements aim to expand energy, mining, space, healthcare, and transportation cooperation.

Trump called the deals a new era of partnership, framing them as part of his broader "America First" economic strategy. The administration says the agreements will support U.S. jobs, expand trade, and deepen strategic ties between the two nations.

President Donald Trump kicked off a high-profile tour of the Gulf on Tuesday, beginning in Riyadh, focusing on securing business investments from Saudi Arabia. He arrived alongside top U.S. business leaders, including Elon Musk and OpenAI's Sam Altman, as the kingdom hosted a U.S.-Saudi Investment Forum highlighting tech, infrastructure, and economic partnerships.