Tech company says its ability to 'accumulate' AI chips in the UAE opens the path to invest billions in data centres there
Microsoft has secured approval to export tens of thousands of advanced Nvidia AI chips to the UAE, the company said in a statement, adding that it would open the path for more investment in the Gulf state.
Microsoft said the export licence would allow it 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,” Microsoft president Brad Smith wrote in a blog post.
Microsoft said the investment was made possible after the Trump administration approved export licences that 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. The US-listed company makes its chips mainly in Taiwan, but has also expanded its US manufacturing in states like Arizona. Nvidia designs its chips, but outsources their production to the Taiwan Semiconductor Manufacturing Company (TSMC). (more...)
Microsoft receives licence to export thousands of AI chips to UAE
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