Elon Musk said xAI (X.AI) plans to develop a 500-megawatt data center in Saudi Arabia with the kingdom’s state-backed AI venture Humain that will rely on chips from Nvidia (NVDA). Musk announced the plans alongside Nvidia's CEO Jensen Huang at a U.

The US is set to approve chip sales to Saudi Arabia's Humain, according to a report. People familiar with the deal told Bloomberg that the deal was expected to be finalized maybe as soon as this week as part of a broader series of agreements following a meeting between Saudi Crown Prince Mohammed bin Salman and President Donald Trump.