On April 18th, the United Arab Emirates pledged to invest $1.4 trillion to strengthen its relationship with Washington and is optimistic about ensuring access to cutting-edge chips currently subject to US export restrictions. Peng Xiao, CEO of G42, a leading artificial intelligence company in the United Arab Emirates, said that the UAE has made “very good substantive progress” in acquiring advanced semiconductors from the United States. The United Arab Emirates has been increasing its investment in the technology and energy sectors of the United States to acquire chips that are crucial for it to become an artificial intelligence powerhouse. The United Arab Emirates currently belongs to the second level of artificial intelligence diffusion rules, which limit the number of processors that can be exported to most countries.
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