Saudi Arabia Is Turning Oil into AI Gold: Power Plans, Energy Mix, and Budget Dynamics

How Black Gold Changed the World: A Brutal History of Oil, Power, and Profit - History Collection

Few resources have reshaped our world as dramatically and violently as oil—aptly named “black gold.” Since its discovery in the mid-19th century, oil has propelled unprecedented economic growth, ignited geopolitical conflicts, and defined global power dynamics. In 1859, Edwin Drake’s pioneering oil well in Pennsylvania ignited humanity’s relentless pursuit of petroleum, rapidly transforming societies and ...

Saudi Arabia Is Turning Oil into AI Gold: Power Plans, Energy Mix, and Budget Dynamics

Saudi Arabia, the world’s oil titan, is leveraging its vast petroleum wealth to fuel an ambitious pivot toward artificial intelligence (AI) and technological innovation. As part of its Vision 2030 initiative, the Kingdom aims to diversify its economy, reduce oil dependency, and position itself as a global AI powerhouse. This transformation hinges on massive investments in electricity production, a diversified energy mix, and navigating fiscal ch…