Microsoft Receives License 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 stated that this will open the path for more investment in the Gulf state, with plans to spend $7.9bn on data centres, cloud computing, and other AI projects 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 license 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 gets license to export AI chips to UAE, plans $7.9bn investment.