Warren to call for reversal of Trump's UAE chip sales after ‘Spy Sheikh' revelations [CNBC]
NVIDIA Corporation (NVDA)
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Source: CNBC
The request comes as revelations surfaced that Sheikh Tahnoon bin Zayed Al Nahyan of the United Arab Emirates, also known as the “Spy Sheikh,” purchased a secret 49% stake in the Trump family's World Liberty Financial days before President Donald Trump's inauguration. The chip deal has been criticized as potentially opening the door for China to gain access to the U.S.' advanced AI technology. Elizabeth Warren (L) and Sheikh Tahnoon bin Zayed Al Nahyan (R) Getty Image | Reuters Sen. Elizabeth Warren , D-Mass., will ask the Senate on Thursday to condemn and call for the reversal of the sale of 500,000 advanced artificial intelligence chips to the United Arab Emirates Warren's resolution, shared exclusively with CNBC, comes after a report in The Wall Street Journal last week that Sheikh Tahnoon bin Zayed Al Nahyan of the United Arab Emirates, also known as the “Spy Sheikh,” purchased a secret 49% stake in the Trump family's World Liberty Financial days before President Donald
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