"How The UAE Got The U.S. To Bless Its AI Ambitions; The U.S. Has Approved The Sale Of Nvidia Chips To G42, The Company At The Center Of The UAE's Efforts To Become A Global Leader In AI" - Semafor
Portfolio Pulse from Benzinga Newsdesk
The U.S. has approved the sale of Nvidia chips to G42, a UAE company aiming to lead in AI. This approval marks a significant step for the UAE's tech ambitions, despite concerns over ties to China. G42 has implemented extensive security measures to gain U.S. trust.
September 13, 2024 | 5:09 pm
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Nvidia has received U.S. approval to sell its advanced AI chips to G42 in the UAE, marking a significant milestone for the company's international sales and the UAE's AI ambitions.
The approval for Nvidia to sell its chips to G42 in the UAE is a positive development for Nvidia, as it opens up a new market and aligns with the global demand for AI technology. This could lead to increased sales and revenue for Nvidia in the short term.
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