10:55 AM EDT, 05/13/2025 (MT Newswires) -- President Donald Trump on Tuesday said Saudi Arabia has committed to invest $600 billion in the US with an initial focus on energy, defense, technology, global infrastructure and critical minerals.

Alphabet's (GOOG) Google ( GOOG ), DataVolt, Oracle (ORCL), Salesforce ( CRM ) , Advanced Micro Devices ( AMD ) and Uber Technologies ( UBER ) are pledging to invest $80 billion in technologies in both countries, according to a press release from the White House.

DataVolt is moving forward with plans to invest $20 billion in AI data centers and energy infrastructure in the US, while Hill International, Jacobs Solutions ( J ) , Parsons (PSN) and AECOM ( ACM ) are building King Salman International Airport, King Salman Park, The Vault, Qiddiya City and other infrastructure projects totaling $2 billion in US services exports.

None of the companies immediately replied to requests for comment from MT Newswires.

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