According to The Kobeissi Letter, Saudi Arabia has signed an agreement with Nvidia to purchase several hundred thousand AI chips, signaling a significant expansion of large cap tech firms into the Middle East (Source: The Kobeissi Letter, Twitter, May 16, 2025). This move is expected to accelerate AI infrastructure growth in the region, potentially increasing demand for blockchain-based data solutions and digital assets tied to AI and cloud computing. Crypto traders should monitor related tokens as capital inflows and tech adoption in the Middle East could trigger volatility and new opportunities in the AI-crypto sector.