Nvidia CEO Jensen Huang and several administration officials have been frustrated by delays to the AI chip company’s multi-billion-dollar deal with the United Arab Emirates (UAE). The deal was first announced during President Donald Trump’s visit to the country, where the U.A.E. promised to invest up to a billion dollars in the U.S. in exchange for approval to purchase a billion dollars’ worth of Nvidia chips. However, the Wall Street Journal reports that the Middle Eastern nation is yet to finalize its investments — a crucial requirement for U.S. Commerce Secretary Howard Lutnick before he approves Nvidia’s export licenses to the country.
UAE has been fast in jumping on the AI bandwagon, with G42, a UAE-based AI datacenter keen on getting its hands on Nvidia’s latest chips. It’s also the first to partner with OpenAI with the launch of Stargate UAE under its OpenAI for Countries global initiative.
