US Eases Export Curbs on UAE, Allowing AI Chip Sales

The US has relaxed export controls on the United Arab Emirates, enabling licence-free purchases of AI chips for certain UAE ventures, including G42's Core42 unit and the Abu Dhabi fund MGX. Eight US-headquartered companies and their UAE subsidiaries, such as Amazon, Google, Apple, Meta, Microsoft, OpenAI, Oracle, and xAI, are now approved to buy AI processors without a licence. This move, citing growing trade ties and over $1 trillion in FDI from the UAE, comes amidst ongoing debates in US Congress about tightening AI chip export controls.