By Hadeel Al Sayegh
DUBAI (Reuters) -America and United Arab Emirates have finalised a know-how framework settlement that’s anticipated to be signed in a while Thursday throughout President Donald Trump’s final cease of his three-country Gulf tour, a supply with data of the matter stated.
The settlement requires commitments on each side to the safety of know-how, the supply stated.
A cope with the U.S., which has for years pursued more and more protectionist insurance policies to curb China’s entry to superior semiconductors, can be a significant win for the UAE, which is looking for to turn out to be a world powerhouse in synthetic intelligence (AI).
The White Home, U.S. Commerce Division and the overseas ministries of the UAE and China didn’t instantly reply to requests for remark.
Reuters reported on Wednesday that Washington and Abu Dhabi had been near a deal that may enable the UAE to import 500,000 of Nvidia’s most superior AI chips per yr, beginning in 2025.
(Reporting by Hadeel Al Sayegh in Dubai, extra reporting by Federico Maccioni in Dubai, Laurie Chen in Beijing and Alexandra Alper in Washington, DC; Writing by Yousef Saba; Modifying by Kevin Liffey and Elaine Hardcastle)
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