WASHINGTON: US President Donald Trump said on Friday the United Arab Emirates and the United States have agreed to create a path for the Gulf country to buy some of the most advanced artificial intelligence semiconductors from US companies.<\/p>\n\n\n\n
The deal, which was finalised on Thursday during Trump\u2019s visit to Abu Dhabi, is a major win for the UAE, which has been trying to balance its relations with its longtime ally the US and its largest trading partner China. <\/p>\n\n\n\n
It reflects the Trump administration\u2019s confidence that the chips can be managed securely, in part by requiring data centres be managed by US companies. <\/p>\n\n\n\n
\u201cWe\u2019re making great progress for the $1.4 (trillion) that UAE has announced it intends to spend in the United States,\u201d Trump said, speaking during the last stop of a multi-day tour of Gulf states that included stops in Saudi Arabia and Qatar. <\/p>\n\n\n\n
\u201cYesterday the two countries also agreed to create a path for UAE to buy some of the world\u2019s most advanced AI semiconductors from American companies, a very big contract,\u201d he said. <\/p>\n\n\n\n
\u201cThis will generate billions and billions of dollars in business and accelerate the UAE\u2019s plans to become a really major player in artificial intelligence,\u201d Trump added. <\/p>\n\n\n\n
The UAE in March committed to a 10-year, $1.4 trillion investment framework in the United States in sectors including energy, AI and manufacturing. <\/p>\n\n\n\n
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