The UAE's 100 billion-level AI data center project is facing obstacles as the export safety terms of Nvidia chips have yet to be finalized.

robot
Abstract generation in progress

According to informed sources, due to ongoing concerns about security issues, a multi-billion dollar agreement to establish one of the largest data center hubs in the UAE is far from being reached. During Trump's two-day visit to Abu Dhabi last month, the U.S. and this wealthy Gulf nation announced a large-scale artificial intelligence park project, which will include a series of powerful data centers. The plan covers an area of 26 square kilometers and is funded by the UAE state-owned technology company G42, which is promoting the development of its artificial intelligence industry. Tech giants NVIDIA (NVDA.O), OpenAI, Cisco (CSCO.O), Oracle, and Japan's SoftBank are collaborating with G42 to build the first phase of "Stargate UAE," which is scheduled to go live in 2026. Five sources familiar with the project revealed that U.S. officials have not yet determined the security conditions for exporting advanced chips, nor have they established how to enforce the agreements with the Gulf nations, thus the deal is far from resolved.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 1
  • Share
Comment
0/400
CryptoNomicsvip
· 17h ago
Market inefficiency evident
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)