With US nod, UAE scores a big win for advanced AI chips

By green-lighting the export of advanced AI chips to a Microsoft-run facility in the UAE, the US has scored a massive advantage in its tech race against China.

16 December, 20248 min
0
Banner image

We rarely make our stories free to read. This one is, so make the most of it.

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

Sign up for free

No payment details required

$99 for one year

Subscribe to unlock all stories
Already have an account? Sign In

You may also like

Internet
Story image

Pakistan’s failed startup promise, competition force Careem’s exit

The most popular startup of the Middle Eastern region just exited its decade-old operation in the country, citing competition and macro challenges. Both these reasons need to be unpacked and understood separately.

Business
Story image

And, just like that, Dubai gets a step closer to having an air-taxi service

The emirate may get the fully electric air taxis as early as next year. Separately, a district cooling company makes a billion-dollar move.

Business
Story image

Several issues are muddying the waters for Kent’s IPO

The popular appliance maker’s DRHP throws up multiple red flags, including large-scale slippages in business performance, that detract from its appeal. Should it then even go public?