Microsoft Wants Clarity On Chip Exports To Middle East Amid $1.4B Deal With UAE Firm
Portfolio Pulse from Ananya Gairola
Microsoft is seeking clarity on U.S. export controls that have delayed AI chip deliveries to the Middle East, impacting its $1.4 billion deal with UAE's G42. Despite restrictions, Microsoft and G42 are establishing two AI research institutes in Abu Dhabi.
September 18, 2024 | 4:50 am
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Microsoft's $1.4 billion deal with UAE's G42 is affected by U.S. export controls on AI chips, delaying deliveries. Despite this, Microsoft is moving forward with establishing AI research institutes in Abu Dhabi.
The U.S. export controls on AI chips are delaying Microsoft's plans with G42, which could impact its operations and partnerships in the Middle East. However, the establishment of new AI research institutes indicates ongoing commitment and potential long-term growth, balancing the short-term impact.
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