The US has approved chip sales to Saudi Arabia and the UAE as of Wednesday.
According to the Wall Street Journal, up to 70,000 AI chips can now be sold. Each country’s AI champion – Saudi Arabia's Humain, and the UAE's G42 – will be allowed to purchase up to 35,000 worth of Nvidia GB300 systems or their equivalent.
“Approvals are conditioned on both companies meeting rigorous security and reporting requirements,” said a spokesperson for the US Department of Commerce.
Details of these requirements were not specified.
Although this chip allowance will enable Humain to follow through on its agreement to buy 18,000 GB300 systems, the company has stated that it intends to deploy up to 600,000 of Nvidia chips across the next three years, with an unspecified portion of these made up by GB300s.
As a subsidiary of the country’s Public Investment Fund, Humain made its debut in May alongside a series of high-profile deals that saw it source chips from Nvidia, Qualcomm, and Groq. The approval of chip sales will come as a relief to a company that has, until recently, been building data centers without a guarantee that it would receive chips.
Yesterday’s announcement marks an even greater reversal for G42, which has attracted controversy in the US for its ties to China. The company’s data center subsidiary, Khazna Data Centers, currently operates 30 data centers with plans to expand its capacity by more than 1GW over the next five years.
Both countries have also made significant investment commitments in the US.
A day prior to the approval, Saudi Arabia announced that it would increase its investment commitments in the US to almost $1 trillion. According to a White House announcement on Tuesday, the funds will be spent on strategic sectors including nuclear energy, critical minerals, and infrastructure.
The UAE previously announced in May that it would invest $1.4 trillion in the US across a ten-year period.
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