The United States has granted permission for Nvidia to export chips to the United Arab Emirates, with the deal valued in the billions, as reported by Bloomberg. Sources familiar with the matter indicated that the Bureau of Industry and Security under the Department of Commerce recently issued export licenses for Nvidia in accordance with a bilateral artificial intelligence agreement established in May.
This agreement is expected to bolster the UAE’s initiatives to create essential data centers aimed at developing AI models.
According to the report, the approval followed the UAE laying out concrete plans for mutual investment within the United States.
Nvidia has opted not to comment on the report.
A government spokesperson told Bloomberg, “The Department of Commerce is fully committed to the transformative partnership between the United States and the UAE in the field of artificial intelligence.”
Neither the White House nor the Department of Commerce responded to Reuters’ requests for comments, and there has been no contact with UAE representatives to date.
In May, Reuters reported that the United States had formalized an initial agreement with the UAE, allowing for the import of 500,000 advanced AI chips from Nvidia starting in 2025. The agreement is valid until at least 2027, with the possibility of an extension until 2030.
Former President Donald Trump made strengthening relations with certain Gulf nations a key objective of his administration.