UAE Seeks AI Deal After Investing in Trump-Linked Crypto
Months after the United Arab Emirates poured billions into a cryptocurrency linked to Donald Trump‘s family, the investment may be poised to pay off: the UAE appears close to securing a major U.S. chip deal.
President Trump is said to be considering a shift in U.S. policy that could grant the UAE access to advanced American-made semiconductors, Bloomberg reported last week, with Trump expected use an upcoming visit to the region to begin formal talks on revising the so-called “AI diffusion rule,” which currently restricts chip exports to the UAE and dozens of other countries.
“The president plans to emphasize that the UAE is a natural American ally that’s made major investments in the U.S.,” one official familiar with the discussions told…
