U.S.-China "Stargate" cooperation stalled: Dozens of billion-dollar AI park agreements pending due to security concerns.

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A multibillion-dollar deal to build one of the world's largest data center hubs in the UAE is far from reached due to ongoing security concerns, people familiar with the matter said, the report said. During Trump's two-day visit to Abu Dhabi last month, the United States and the wealthy Gulf state unveiled a massive AI park project that will contain a series of powerful data centers. The 26-square-kilometre program is funded by G42, the UAE's state-owned technology company, which is driving the development of its AI industry. Tech giants Nvidia (NVDA.O), OpenAI, Cisco (CSCO.O), Oracle and Japan's SoftBank are working with G42 to build the first phase of the "Stargate UAE", which is scheduled to go live in 2026. U.S. officials have yet to determine the safety conditions for exporting advanced chips or how to enforce agreements with Gulf states, so the deal is far from settled, according to five sources with knowledge of the project.

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DefiPlaybookvip
· 12h ago
This wave really Be Played for Suckers.
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NftMetaversePaintervip
· 06-07 03:52
Digital sovereignty at stake
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CryptoCross-TalkClubvip
· 06-07 03:52
No one expected to throw money.
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NftDataDetectivevip
· 06-07 03:42
Data suggests regulatory risks
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BlockchainTalkervip
· 06-07 03:33
Security concerns rule tech deals.
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