UAE set to deepen AI links with the United States after past curbs over China [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance
advanced artificial intelligence chips from the United States, after previously facing restrictions over Washington's concerns that China could get its hands on the technology. Such a long-coveted deal, expected to be finalised while U.S. President Donald Trump is in Abu Dhabi on Thursday, would be a major win for the UAE, which has been trying to balance its relations with its longtime ally the U.S. and its largest trading partner China. The UAE, a major oil producer, has been spending billions of dollars in a push to become a global AI player. But its ties to China had limited access to U.S. chips under former President Joe Biden. A source with knowledge of the matter told Reuters that the UAE and U.S. had finalised a technology framework agreement and that it would require commitments on both sides to the security of the technology. The U.S. pursued protectionist policies for years to curb China's access to advanced semiconductors, including ensuring the chips do not end up
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