Elon Musk, Nvidia unveil deal with Saudi state-backed firm to build massive AI data center

Nvidia's shares have seen an increase due to strong demand for its AI chips, which have significantly contributed to the company's performance since the launch of ChatGPT in late 2022. Analysts predict that this demand will continue, alleviating concerns about a potential AI bubble.

Nvidia reported strong third-quarter earnings, surpassing Wall Street expectations with $57 billion in revenue, a 62% increase from the previous year. Analysts had anticipated revenue of $54.92 billion. The company's performance is attributed to its leading role in the AI sector.

Saad Almadi, a 75-year-old US citizen, has been released by Saudi Arabia after being imprisoned for five months due to critical tweets about the government. His release follows a meeting between Saudi Crown Prince Mohammed bin Salman and former President Donald Trump, which has been linked to Almadi's case. Initially sentenced to 19 years in prison in 2021, Almadi's charges were later reduced to cyber crimes, resulting in a 30-year travel ban.

Saudi Arabia is releasing U.S. citizen Saad Almadi, who was jailed for five months due to social media posts critical of the royal family. His release follows a bilateral meeting between President Trump and Crown Prince Mohammed bin Salman in Washington, D.C. Almadi, 75, immigrated to the U.S. in 1976 and was arrested during a family visit in 2021.

The first confirmed case of the H5N5 bird flu strain in the United States has been reported in Washington state. A resident is currently hospitalized with this rare avian influenza strain, which has not been previously seen in humans.

President Trump emphasized the significance of the U.S.-Saudi Arabia partnership, describing it as one of the most consequential globally. He highlighted a $1 trillion investment in American projects, positioning himself as a notably Saudi-friendly president in recent history.

A former United Nations investigator expressed her shock and anger at President Donald Trump's defense of Saudi Crown Prince Mohammed bin Salman regarding the murder of journalist Jamal Khashoggi. The investigator criticized Trump's dismissal of intelligence that indicated the Crown Prince's involvement in the killing, highlighting the ongoing controversy surrounding the case.

President Trump's agreement to sell F-35 advanced fighter jets to Saudi Arabia could significantly shift the military balance in the Middle East. This deal raises concerns among Israeli and U.S. officials regarding the potential erosion of Israel's Qualitative Military Edge (QME) in the region.