UAE Sees Progress on AI Chips Access After $1.4 Trillion Pledge

(Bloomberg) — The United Arab Emirates is optimistic about securing access to cutting-edge chips currently under US export restrictions, after pledging $1.4 trillion to strengthen ties with Washington.

The country is making “very good and tangible progress” toward securing advanced semiconductors from the US, according to Peng Xiao, chief executive officer of G42, the UAE’s leading artificial intelligence firm.