• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

UAE's Proposal for Semiconductor Manufacturing for AI

user avatar

by Giorgi Kostiuk

2 years ago


The United Arab Emirates (UAE) is interested in collaborating with the United States to establish itself as a manufacturer of advanced semiconductors, which play a vital role in the supply chain for artificial intelligence (AI).

According to Omar Al Olama, the UAE’s minister of state for artificial intelligence, building sustainable and long-term partnerships with countries like the United States is essential for the success of this initiative.

In order to achieve its goal of becoming a prominent technology hub, the UAE is heavily investing in AI and shifting its focus away from China to address concerns raised by the US government. The growing global demand for AI has highlighted the necessity of advanced semiconductors to efficiently process large amounts of data.

Although challenges are expected in establishing semiconductor manufacturing in the Gulf region, the UAE is determined to overcome them.

Given its connections to Beijing, collaboration with US companies may require approval from the US government. Another key factor for success would be attracting international talent and expertise.

Al Olama emphasized the UAE's commitment to developing next-generation chips rather than engaging in price competition with cheaper alternatives. He acknowledged the limitations posed by the country's smaller size and workforce compared to larger competitors but remains dedicated to driving technological innovation in the region.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Shifts in XRP Holdings as Large Investors Move Assets

chest

Large XRP holders are moving their assets, while smaller holders are reducing their holdings.

user avatarRajesh Kumar

Rising Trend of Cryptocurrency Fraud in India

chest

Indian authorities report a sharp increase in cryptocurrency-related crimes, prompting urgent warnings to residents.

user avatarLucas Weissmann

Husky Inu HINU Prelaunch Phase Set for Price Rise.

chest

Husky Inu HINU is set for a price increase from 0.000023387 to 0.000023477 during its prelaunch phase, aimed at fundraising and benefiting token holders.

user avatarFilippo Romano

SPX6900 SPX Attracts Attention with High Energy and Liquidity

chest

SPX6900 SPX has quickly gained popularity due to its impressive liquidity and active community engagement.

user avatarEmily Carter

Official Trump TRUMP Gains Momentum in Political Meme Token Space

chest

Official Trump TRUMP has become a popular political meme token, benefiting from cultural relevance and community engagement.

user avatarTomas Novak

Stellar Expands Its Cross-Border Payment Solutions

chest

Stellar is advancing its mission to streamline global payments, enhancing its partnerships and smart contract features.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.