Microsoft Receives Licence to Export AI Chips to UAE
Microsoft has secured approval to export tens of thousands of advanced Nvidia AI chips to the UAE.
The company plans to spend $7.9bn on data centres, cloud computing, and other AI projects in the UAE over the next four years.
“This is not money raised in the UAE. It’s money we’re spending in the UAE,”
said Microsoft president Brad Smith in a blog post.
- The export licence will allow the firm to ship the equivalent of 60,400 A100 chips to the UAE.
- One A100 chip costs upwards of $9,000, according to media reports.
Author's summary: Microsoft to invest $7.9bn in UAE data centres.
More News
- The African Development Bank Group and Equatorial Guinea sign €58 million financing agreement for youth inclusion and employment
- Voting on Tuesday, the old-fashioned way
- COMMENTARY: Suwannee’s centennial season a year to forget | Lake City Reporter
- Jude Bellingham shares why he really thinks Liverpool fans booed Trent Alexander-Arnold
- Wrights unveils refreshed shop design ahead of centennial celebrations
- Bridget Phillipson must not abandon special needs children | The Spectator Australia
- Vintage Blakeman – your man in NYC
- Why Are Some European Drug Gangs Burying Cocaine Instead of Selling It?
- Takeaways from Election Day 2025