• 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

Husky Inu AI Launches Live Products to Differentiate from Competitors

chest

Husky Inu AI has launched multiple live platforms, including SwapCrypto.com, CryptoNews.ai, HinuBucks.com, and CryptoGPT, setting it apart from typical early-stage meme projects.

user avatarKaterina Papadopoulou

Husky Inu AI Gains Attention as New Meme Coin

chest

Husky Inu AI is gaining attention as a new meme coin, being compared to successful past coins due to its early traction and live products.

user avatarMaya Lundqvist

Metaplanet Shares Experience Volatility Following Financial Report

chest

Metaplanet shares fell 7.03% on the Tokyo Stock Exchange following the announcement of significant financial losses, while shares on OTC Markets in the US closed the week up 1.56%.

user avatarLi Weicheng

US Stock Market Opens Higher with Optimistic Momentum

chest

The three major US stock indices opened decisively higher today, reflecting cautious optimism in the market.

user avatarLeo van der Veen

Nebius Capitalizes on AI Data Center Demand

chest

Nebius is experiencing strong growth due to high demand for AI data centers, driven by contracts with major clients.

user avatarLucas Weissmann

Challenges of Traditional IPOs Highlighted by Armstrong

chest

Brian Armstrong highlights the complexities and exclusivity of traditional IPOs, emphasizing high costs and limited access for retail investors.

user avatarAisha Farooq

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.