Microsoft to Invest $15 Billion in UAE, Obtains Export Licenses for AI Chips

Reported about 11 hours ago

Microsoft plans to invest over $15 billion in the UAE by 2029, focusing on expanding AI data centers in response to growing demand. The company has secured export licenses from the U.S. government to transport advanced AI chips to the region, with the UAE aiming to establish itself as a global AI hub using its strong ties with Washington.

Source: YAHOO

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