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Wednesday, Feb 18, 2026
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Elon Musk
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
From Microsoft and Apple to Uber’s robotaxi push, key developments reflect AI’s transformative impact on industry and jobs
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Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
The company reported 2025 revenue of about ninety-four point eight billion dollars and outlined roughly twenty billion dollars of 2026 capital spending tied to robotics and autonomy.
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Tech Brief: AI Compute, Chips, and Platform Power Moves Driving Today’s Market Narrative
Data-centre buildouts, chip supply constraints, and AI platform deals converge as policymakers and big tech reshape the cost, control, and reach of AI.
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Not Only F-35s: Saudi Arabia to Gain Access to the World’s Most Sensitive Technology
The Trump administration has approved the sale of tens of thousands of advanced artificial intelligence chips to Saudi Arabia and the United Arab Emirates, reversing earlier export restrictions aimed at limiting technology leakage to China.
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Elon Musk’s xAI Announces Landmark 500-Megawatt AI Data Center in Saudi Arabia
Huge new facility backed by Saudi state-linked AI venture and Nvidia signals deepening U.S.–Gulf technology cooperation and expansion of Musk’s AI infrastructure
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JENSEN HUANG: I want to be involved in nearly everything Elon Musk does.
"For xAI, I'm super excited about the financing opportunity that they're doing. We're an investor already. The only regret I have is I didn't give him more money. Almost everything that Elon is part of you really want to be part of as we...
Saudi Arabia Accelerates AI Ambitions with U.S. Chip Deals and $50 Billion Investment
Riyadh secures access to advanced U.S. AI chips and pledges multibillion-dollar spending after Crown Prince’s Washington visit
Trump’s “DOGE” Efficiency Agency Quietly Disbanded Ahead of Schedule
The Department of Government Efficiency, once led by Elon Musk, has been declared defunct with its functions absorbed before its July 2026 end date.
Musk, Barra and Ford Join Trump in Lavish White House Dinner for Saudi Crown Prince
High-profile tech and auto executives attend East Room gala hosted by President Donald Trump and Saudi Crown Prince Mohammed bin Salman amid deepening U.S.–Saudi ties
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Elon Musk’s xAI to Deploy 500-Megawatt Saudi Data Centre with State-backed Partner HUMAIN
xAI and Saudi Arabia’s HUMAIN agree to build a large-scale AI hub powered by Nvidia chips amid major U.S.–Gulf tech export approvals
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U.S. Clears Export of Advanced AI Chips to Saudi Arabia and UAE Amid Strategic Tech Partnership
Commerce Department authorises export of up to thirty-five thousand Nvidia Blackwell chips to Gulf AI firms tied to major data-centre projects
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xAI Selects Saudi Data-Centre as First Customer of Nvidia-Backed Humain Project
Elon Musk’s AI startup becomes inaugural client for Saudi Arabia’s Humain data hub powered by hundreds of thousands of Nvidia chips
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Saudi Arabia Deepens AI Alliances With U.S. Tech Giants as Crown Prince Visits Washington
HUMAIN unveils major partnerships with xAI, Nvidia, Qualcomm, and Adobe to accelerate Saudi Arabia’s AI infrastructure and economic transformation
Elon Musk attends White House dinner for Saudi Crown Prince MBS
Musk could become history's first trillionaire as Tesla shareholders approve giant pay package
Elon Musk won a shareholder vote on Thursday that would give the Tesla CEO stock worth $1 trillion if he hits certain performance targets over the next decade.
Musk's Starlink to Start Services in India: Maharashtra Set to Lead Satellite-Enabled Digital Infrastructure
Elon Musk's high-speed internet service, Starlink, granted license in June; plans for satellite-enabled digital infrastructure collaboration with the state of Maharashtra.
New Zealand Plans National Space Mission with State-Owned Satellite Fleet
The mission aims to provide regular coverage of areas of national interest and reduce the government's reliance on external providers for important information.
Trump Again Taps Musk Ally Jared Isaacman to Lead NASA
President Donald Trump re-nominates private astronaut and entrepreneur Jared Isaacman as the new administrator of the US space agency.
EVIQ Aims to Complete 60 EV Charging Stations by End of 2025, Focuses on Highways
Saudi Arabia's state-backed Electric Vehicle Infrastructure Co. (EVIQ) plans to install 60 charging stations across Riyadh, Jeddah, and the Eastern Province by 2025, targeting a nationwide network of 5,000 stations as electric mobility g...
Exhibitors Praise EV Auto Show for Shaping Saudi Arabia's Clean-Mobility Landscape
International players in electric vehicle sector highlight the networking opportunities provided by the fourth annual EV Auto Show Riyadh.
SpaceX Disables Over 2,500 Starlink Devices at Myanmar Scam Centers
SpaceX has taken action to disable over 2,500 of its Starlink devices in the vicinity of suspected scam centers in Myanmar, as revealed by a recent investigation.
Gulf Sovereign Funds Fuel M&A Boom, Driving Deal Value to $3.5tn
Sovereign wealth funds from Middle East and Asia drive resurgence in global mergers and acquisitions.
Global EV Sales Hit Record 2.1 Million in September
Market research firm Rho Motion reports a 26% increase in global electric vehicle and plug-in hybrid sales, driven by strong demand in China and the US tax-credit rush.
This Week in AI: Meta’s Superintelligence Push, xAI’s Ten Billion-Dollar Raise, Genesis AI’s Robotics Ambitions, Microsoft Restructuring, Amazon’s Million-Robot Milestone, and Google’s AlphaGenome Update
Major developments across the AI sector include new labs, massive funding rounds, layoffs to retool talent, and advances in robotics and generative biology
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Kazakhstan and Saudi Arabia Deepen Strategic Partnership with New Investment and Energy Agreements
Saudi Crown Prince Receives Written Message from Kazakhstan’s President Amid Expanding Strategic Ties
ImmunityBio Shares Rise After Saudi Arabia BCG Manufacturing Update Spurs Investor Optimism
Global Music Star Tyla Confirmed as Headliner at 2026 Saudi Arabian Grand Prix Entertainment Lineup
Somalia and Saudi Arabia Forge New Military Partnership Amid Regional Power Shifts
Saudi Arabia and Several Nations Criticize Israeli West Bank Land Measures as Diplomatic Tensions Rise
Saudi Public Investment Fund Transfers Stake in Take-Two Interactive as Portfolio Strategy Evolves
Saudi Arabia’s Flagship Defense Expo Highlights Industrial Ambitions and Expanding Arms Portfolio
Strategic Divergence Deepens as Saudi Arabia and UAE Recalibrate Gulf Partnership
Saudi Arabia Confirms Start of Ramadan as Crescent Moon Sighted, While Other Nations Begin a Day Later
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Prince William Meets Saudi Crown Prince as Epstein-Andrew Fallout Casts Shadow
Goldman Sachs and DP World Executive Resignations: Elite-Reputation Risk and Corporate Governance Fallout From the Epstein Disclosures
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
Prince William in Saudi Arabia on Official Three-Day Visit to Strengthen UK-Saudi Relations
Prince William Highlights Women’s Sport During High-Profile Visit to Saudi Arabia
Prince William Begins High-Profile Diplomatic Mission to Saudi Arabia
Syria and Saudi Arabia Seal Multibillion-Dollar Investment Agreements to Drive Post-War Economic Reconstruction
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Foreign Governments and Corporations Spend Millions with Trump-Linked Lobbying Firm in Washington
KPMG Urges Auditor to Relay AI Cost Savings
Saudi Arabia Quietly Allows Wealthy Foreign Residents to Buy Alcohol, Signalling Policy Shift
US and Iran to Begin Nuclear Talks in Oman
China unveils plans for a 'Death Star' capable of launching missile strikes from space
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
German Chancellor Friedrich Merz Begins Strategic Gulf Tour with Saudi Arabia Visit
Dubai Awards Tunnel Contract for Dubai Loop as Boring Company Plans Pilot Network
Five Key Takeaways From President Erdoğan’s Strategic Visit to Saudi Arabia
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
Erdoğan’s Saudi Arabia Visit Focuses on Trade, Investment and Strategic Cooperation
Germany and Saudi Arabia Move to Deepen Energy Cooperation Amid Global Transition
Saudi Aviation Records Historic Passenger Traffic in 2025 and Sets Sights on Further Growth in 2026
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Global Shifts in War, Trade, Energy and Security Mark Major International Developments
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
The AI Hiring Doom Loop — Algorithmic Recruiting Filters Out Top Talent and Rewards Average or Fake Candidates
Federal Reserve Holds Interest Rate at 3.75% as Powell Faces DOJ Criminal Investigation During 2026 Decision
Putin’s Four-Year Ukraine Invasion Cost: Russia’s Mass Casualty Attrition and the Donbas Security-Guarantee Tradeoff
Saudi Crown Prince Tells Iranian President: Kingdom Will Not Host Attacks Against Iran
U.S. Central Command Announces Regional Air Exercise as Iran Unveils Drone Carrier Footage
Trump Defends Saudi Crown Prince in Heated Exchange After Reporter Questions Khashoggi Murder and 9/11 Links
Saudi Stocks Rally as Kingdom Prepares to Fully Open Capital Market to Global Investors
Air France and KLM Suspend Multiple Middle East Routes as Regional Tensions Disrupt Aviation
Saudi Arabia scales back Neom as The Line is redesigned and Trojena downsized
Saudi Industrial Group Completes One Point Three Billion Dollar Acquisition of South Africa’s Barloworld
Saudi-Backed LIV Golf Confirms Return to Trump National Bedminster for 2026 Season
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