Robert Peston

Seth Fiegerman, of course, who helps edit across that team.

Let's turn to Washington now.

Guess what we're talking about?

AI, but with the Saudi Arabian Crown Prince Mohammed bin Salman.

He's at the White House today meeting President Trump.

We know the talks about deepening U.S.-Saudi ties, but really there is such a focus on tech, on investment, on innovation.

Let's do it all with Bloomberg's Tyler Kendall joining us from the White House.

A lot of it's going to be about chip access.

Right, exactly, Caroline.

And good morning to you.

No doubt access to critical chip technology is going to be at the top of the agenda today as Saudi Arabia has faced U.S.

to come to rely on access to these advanced semiconductors.

But six months has gone by and we have yet to see the U.S.

green light those export licenses.

Now, people familiar tell us here at Bloomberg News that the two sides are still hashing out, one, the security conditions for these shipments, and two, the specific reciprocal investments that

We are watching closely whether or not the two countries enter into a defense mutual cooperation pact and also those F-35s that President Trump indicated that he will allow the sale of.

Of course, this comes back to the chip conversation because there are concerns here also about whether or not China could have access

to this advanced technology in these fighter jets.

And we await that arrival of MBS to the White House.

Tyler Kendall, thank you very much indeed.