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US is slowing AI chip exports to Middle East by Nvidia, AMD

US OFFICIALS have slowed the issuing of licenses to chipmakers such as Nvidia and Advanced Micro Devices (AMD) for large-scale artificial intelligence (AI) accelerator shipments to the Middle East, according to sources familiar with the matter, while officials conduct a national security review of AI development in the region. ....

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US delays AI chip exports to Middle East by Nvidia, AMD over concern that China can access the tech via data centres

Washington has delayed the issuing of export licences to Nvidia and AMD, partly over worries that Chinese companies could access AI chips through data centres in the Middle East. ....

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China's Lenovo issues $2b convertible bonds to Saudi PIF as part of strategic deal

China's Lenovo issues $2b convertible bonds to Saudi PIF as part of strategic deal
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Lenovo to issue $2bn in convertible bond to PIF-backed Alat

Alat said the personal computer and AI server maker plans to build a research and development centre in Riyadh as part of the deal. ....

Saudi Arabia , Ar Riya , Amit Midha , Carrier Corporation , China Lenovo Group , Lenovo Group , Public Investment Fund Backed , Middle East , Dahua Technology ,

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