Tesla, SpaceX, and xAI CEO Elon Musk and Saudi Minister of Communications and Information Technology Abdullah Alswaha took part on Tuesday in a high-profile dialogue session during the Saudi-US Investment Forum in Riyadh. The event underscored the strategic partnership between Saudi Arabia and the United States.
Alswaha said relationship between the two nations has entered a new phase, moving from an energy-based economy to one driven by innovation, technology, and artificial intelligence (AI), praising Musk's influence in advancing global technological transformation.
The minister stressed that under the leadership of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Saudi Arabia has aimed to adopt transformative technologies, such as AI and robotics, positioning the Kingdom as a global innovation platform and a major hub for AI and the digital economy.
He also highlighted the Kingdom’s progress in enabling cloud services, digital infrastructure, and AI value chains, saying these efforts reflect Saudi Arabia’s ambition to lead in the post-data era. He underlined the Kingdom’s goal of becoming a hub for responsible and effective AI innovation.
The strategic partnership between Saudi Arabia and the United States is a foundation for building a smarter, more just, and sustainable global economy, he stressed, while underscoring the need for continued collaboration to drive innovation for the benefit of humanity.
For his part, Musk said humanoid robots represent a productivity revolution that could expand the global economy tenfold. This could lead to an economy of abundance and a model of “comprehensive high income” that goes beyond the traditional universal basic income concept.
He thanked Saudi Arabia for adopting the Starlink service in the aviation and maritime sectors, describing it as a significant step toward supporting the future of global communications technology.
He discussed potential cooperation in smart mobility, including RoboTaxi projects and The Boring Company’s tunnel transportation systems for Saudi cities. Such technologies, he said, could transform urban areas and improve transit efficiency.
Musk closed the session with an optimistic outlook for humanity, urging a model of progress that blends prosperity, exploration, and coexistence with advanced technology. He called for international cooperation to establish ethical frameworks for AI and emerging technologies.
