00:00And I think another key point to remember is how, how qualitatively these agreements suggest a transformed Saudi-U.S. relationship.
00:11Many of your guests have talked about it, and His Royal Highness Conference Mohammed bin Salman showed President Trump the photo of President Harry Truman and Abdulaziz bin Saud on the USS Quincy, I guess it was, back in 1945.
00:27What that was showing is that the original strategic partnership between the countries was, of course, fossil fuels, really oil back then from the Saudi side, and U.S. military security, some sort of umbrella and other security cooperation on technology.
00:45But what we are hearing today is a whole new realm of technology, of AI investments, and of other digital technologies with the CEO, well, the CEO, we saw him, of Starlink and of X is there, Elon Musk, but so is the CEO or the head of ChatGPT, so are many CEOs, Amazon.
01:07So these agreements underscore the transformation of Saudi Arabia's economy under Crown Prince Mohammed bin Salman and King Salman.
01:18Now Saudi Arabia is emerging as a regional power that is diversifying its economy and is committed to being a huge actor in the next industrial revolution in the field of AI.