New business deals between the United States and Saudi Arabia gained fresh attention as leaders met in Washington this week. The talks took place during the crown prince’s first visit to the U.S. since 2018. The meetings brought major pledges, new plans, and a wide push to grow financial ties. Both sides pointed to large goals for investment and new work across energy, tech, and key minerals. These steps set the tone for the next stage of cooperation. The crown prince met with the U.S. president at the White House before joining business leaders at a large forum the next day. During the talks, he repeated an earlier goal to push Saudi investment in the United States to one trillion dollars. The earlier pledge had been six hundred billion dollars. He did not share a timeline or give exact details on when these new funds would be deployed. The U.S. president urged him to go even higher. He asked if the pledge could rise to one and a half trillion dollars. This exchange set a friendly tone for the rest of the event. At the business forum, both leaders pointed to new deals worth more than two hundred billion dollars. Many U.S. and Saudi firms took part in the event. The plans include major tech projects, energy partnerships, and new industrial sites. One of the most notable announcements was a plan by a Saudi government-backed AI firm to buy six hundred thousand AI chips from a major U.S. chip maker. These chips are central to new work in artificial intelligence. The same firm will join a U.S. tech company to build large data centers in Saudi Arabia. One of the sites is planned to reach five hundred megawatts. In another deal, a U.S. mining company announced plans to build a rare earth refinery in Saudi Arabia. The U.S. defense department and a Saudi state mining firm will help support the effort. This step is part of a wider plan to expand the supply of critical minerals. These minerals are needed for clean energy tools, electronics, and defense technology. The project will also bring new jobs and create a larger role for the region in global supply chains. Saudi Arabia’s main energy company also revealed new plans. The company said it had signed seventeen new agreements with major U.S. firms. The possible value of these deals is more than thirty billion dollars. These steps cover energy tech, research, and high-value industry work. The company said the move fits long-term plans to grow its partnerships and expand its global reach. Top U.S. business leaders also attended the event. They joined talks with the crown prince, who received a warm welcome from the president. This visit was his first since the killing of a Saudi critic in 2018. The event marked an effort to shift focus back toward business and long-term cooperation. The crown prince said he did not order the past operation but accepted responsibility as the nation’s key leader. The event also featured discussions on the future of artificial intelligence and its role in daily life. Two well-known tech leaders shared their views. One said that many jobs could become optional in the next decade due to rapid advances in AI. Another said the rise of AI would reshape employment in many fields. Both agreed that the shift will be large and fast. Large spending plans inside Saudi Arabia could make the one trillion dollar U.S. pledge hard to reach soon. The kingdom is already investing heavily in new megacities, stadiums, and other major projects. Many of these plans have seen delays and cost increases. But the country still has strong land resources and energy supplies. These factors are helpful for large-scale AI and data center projects. Stronger business ties could also support the U.S. president in indirect ways. He and several close partners have worked with Saudi groups in the past through real estate and investment deals. When asked, he said he has no active role in his family business. He said the company has done little work with Saudi Arabia. In earlier visits to the Middle East, both nations had already shared plans to expand investment. Some of those deals are now moving forward. This week’s event showed that both sides want to grow their economic partnership. The new deals and pledges highlight long-term goals to build strong links across tech, energy, and industry.