Israeli Prime Minister Benjamin Netanyahu signed a memorandum of understanding with Interior Secretary Doug Burgum and Secretary of Energy Chris Wright on Tuesday, advancing U.S. and Israeli cooperation in energy and artificial intelligence research and integrating AI into the Abraham Accords.

“Artficial intelligence is the thrust of innovation now and will create unbelievable things in the future,” Netanyahu said during the signing ceremony at the Blair House in Washington. “It’s both challenging, because there could be bad things in it, but there could be unimaginable good things. I think we can lead this.”

The MOU calls for integrating artificial intelligence into the power grids of the U.S. and Israel, in addition to building joint policies around artificial intelligence usage. Regional agreements, including the Abraham Accords and the India-Middle East-Europe Economic Corridor, will also be strengthened through the memorandum, according to a press release from the Prime Minister’s Office.

The move comes on the heels of the AI giant Nvidia announcing it will expand its presence in Israel, including opening a new R&D center, and the company’s acquisition of Israeli AI start-up Run:ai for $700 million.

During the ceremony, U.S. officials touted the benefits of the MOU, including minimizing the dangers within developing advanced AI models and its security-focused applications.

“This step takes us into the future around collaboration because we know that defense would not be working without artificial intelligence,” Burgum said. “But all the incredible technological leadership, the great entrepreneurship, the incredible startup community that’s strong and vibrant in Israel, all of this bodes well for the future. The first kind of agreement that Chris [Wright] and I have signed with any country is this one and we think it’s a great place to start.”