Luma AI , a growing California startup with ties to Hollywood, has raised $900 million in Series C funding , which it plans to use to fund a “supercluster” facility in Saudi Arabia .

The funding round was led by Humain, which is part of the portfolio of the Saudi Private Investment Fund. The financing and project were announced Wednesday in Washington, D.C., at the U.S.-Saudi Investment Forum.

Investment in the U.S. economy by the Saudis was a key theme of Crown Prince HRH Mohammad bin Salman Al-Saud’s visit to Washington this week. On Tuesday evening, after meeting the crown prince in the White House (a sit-down that featured a testy exchange with an ABC News reporter ), President Trump hosted guests including Paramount CEO David Ellison at a black-tie dinner in the Saudi royal’

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