🔓 Trump unlocks Saudi AI dominance?

Wednesday’s AI Report

• 1. 🔓 Trump unlocks Saudi AI dominance?
• 2. 💵 Get your own personal AI CFO with Taka
• 3. 🌍 Biden’s chip rule gets axed
• 4. ⚠️ Musk misses AI safety deadline
• 5. 🔏 Keep your data safe with Incogni
• 6. ⚙️ Trending AI Tools
• 7. 🏗️ Practical AI Applications
• 8. 📑 Recommended Resources

Read Time: 5 minutes

✅ Refer your friends and unlock rewards. Scroll to the bottom to find out more!

Trump unlocks Saudi AI dominance?

🚨 Our Report 

Yesterday, to make its economy less dependent on oil revenue and to turn Saudi Arabia into a “a global powerhouse in AI,” Saudi Arabian Crown Prince, Mohammed Bin Salman, launched Humaine, an AI start-up funded by Saudi’s sovereign wealth fund. Following this, a flurry of US tech firms—including NVIDIA, AMD, and AWS—have announced lucrative partnerships (worth $600B, in total) with the start-up, after Trump (who has just begun his Gulf tour) lifted restrictions on the export of advanced AI chips to Saudi Arabia.

🔓 Key Points

• The biggest deal was signed by NVIDIA, which will see the chip-maker ship “hundreds-of-thousands of AI chips” to Saudi Arabia, over the next 5 years, starting with 18,000 of its newest “Blackwell” chips.

• AMD will invest $1B to help Saudi Arabia build an “AI superstructure,” and Amazon will invest $5B+ in a new “AI Zone” which will run AWS AI infrastructure, servers, networks, and training and certification programs.

• Trump is also considering a deal with the UAE, which would allow them to secure 1M advanced NVIDIA chips (above the original export limit imposed by Biden). This increased share prices by 6% (following an 8% decline YTD).

🔐 Relevance 

Trump's deal has opened the door for Saudi Arabia to become the “AI powerhouse” they so desperately want to become. But it comes despite US concerns that China could access the AI chips exported to Saudi Arabia, by either diverting the chip shipments or by leveraging the chip capabilities through the cloud. According to Trump, the deals will be mutually beneficial, as the Saudi Arabian tech firm, DataVolt, will invest $20B in US-based AI data centers and infrastructure.

Finally, a finance tool built around you

Most finance tools give you rigid dashboards and black-and-white advice.

Taka builds with you, in real time—for financial decisions that actually fit your lifestyle.

• Ask any financial question — Taka answers with custom visuals, forecasts & tradeoffs

• Combines hard numbers and emotional context — so decisions feel right, not just look right

• Its self-building canvas adapts to your goals, preferences, and lifestyle

• Powered by “just-in-time” AI software that builds code live, as you talk

• No setup. No templates. Just type and go.

It’s finance reimagined.

🚨 Our Report

Following on from the above story, the Trump administration has formally revoked Biden's “sweeping” AI Diffusion Rule—which imposed limits on exporting US AI chips to countries across the world, including Saudi Arabia, except for 18 allies and partners—just days before it was due to come into force, on May 15th.

🔓 Key Points

• Reportedly, the Department of Commerce (DOC) will issue a replacement rule in the near future, which will likely focus on direct negotiations with countries as opposed to introducing blanket restrictions.

• In the meantime, they released guidance to strengthen current export controls for chips, reminding companies that using Huawei’s Ascend AI chips violates export rules (Huawei is tied to the Chinese Communist Party).

• They also warned that there could be consequences if US companies allow their chips to be used to train Chinese AI models and provided ways for them to protect supply chains from diversion tactics.

🔐 Relevance

The DOC established that “the Trump Administration will pursue a bold, inclusive strategy to American AI technology with trusted foreign countries around the world, while keeping the technology out of the hands of our adversaries,” feeling that Biden’s AI Diffusion rule would’ve “stifled American innovation and saddled companies with burdensome new regulatory requirements.” This was echoed by several US tech companies—including NVIDIA, Microsoft, and AMD—who initially lobbied against the Biden rule, urging Trump to loosen it once he was back in office.

• In February, Elon Musk released a draft AI safety framework for his AI start-up, xAI, which listed its safety priorities and protocols. But, after committing to publishing a final version on 10th May, Musk has failed to deliver it. 

• This comes after studies revealed that xAI has "very weak" risk management protocols, meaning its safety measures are worse than its rivals, despite Musk’s warnings about dangerous ‘out-of-control’ AI.

• xAI’s chatbot, Grok, has consistently faced criticism for its inappropriate, unsafe behaviour when handling certain requests—including processing images of women without consent—and using crude language.

AI is fueling a scammer's paradise. Protect your personal info—get it off the web now!

You’ve likely received a sketchy call, text, or email asking for $$$. It might've been easy to spot, but with deepfakes and AI, scams are getting trickier.

Scammers use your personal data, often bought legally from data brokers who sell your number, DOB, SSN, and more. Incogni scrubs your data from the web, taking on 250+ data brokers on your behalf.

Unlike others, Incogni deletes your info from all broker types, including people search sites where anyone can get your details for a few bucks.

Plus Incogni's new, most comprehensive privacy solution puts you in full control of reclaiming your personal data by going beyond our standard automated protection.

Simply point us to where your data is exposed—data broker lists, people search sites, or even specific Google search results—and our privacy experts will handle the rest.

‼️AI Report readers get an exclusive 55% off all annual plans with the code AIREPORT

Prompt Inspiration

After typing this prompt, you will get an ad campaign outline that leverages the ‘Lean Analytics Cycle’ framework to identify a problem your target market is facing and suggests how your product/service can solve it. You’ll also get the metrics you need to use to measure the campaign's success, and ideas on how to improve it.

P.S. Use the Prompt Engineer GPT by The AI Report to 10x your prompts.

STARTUPS

Name: Tabnine
Value: $100M—$150M
Funding raised: $57.1M (Series B)

Tabnine is an AI-powered code completion and software developer assistant that uses AI to predict the next line of code based on the previous syntax.

PODCASTS

Leveraging AI for Better Drug Development

This podcast explores how machine learning can drive better outcomes across the drug development lifecycle and discusses how AI is optimizing early drug testing—improving participant engagement, and supporting ethical, human-centered decisions.

QUICK HITS

• Google brings Gemini to TVs and cars

• Spotify’s AI DJ now supports voice commands

• Anthropic and Google nab OpenAI-backed Harvey

We read your emails, comments, and poll replies daily.

Hit reply and tell us what you want more of!

Got a friend who needs to learn more about AI?

Sign them up for The AI Report here.

Until next time, Martin, Liam, and Amanda.

P.S. Unsubscribe if you don’t want us in your inbox anymore.