US and UAE finalise technology framework agreement, source says

By Hadeel Al Sayegh

DUBAI (Reuters) -The United States and United Arab Emirates person finalised a exertion model statement that is expected to beryllium signed aboriginal connected Thursday during President Donald Trump's past halt of his three-country Gulf tour, a root with cognition of the substance said.

The statement requires commitments connected some sides to the information of technology, the root said.

A woody with the U.S., which has for years pursued progressively protectionist policies to curb China's entree to precocious semiconductors, would beryllium a large triumph for the UAE, which is seeking to go a planetary powerhouse successful artificial quality (AI).

The White House, U.S. Commerce Department and the overseas ministries of the UAE and China did not instantly respond to requests for comment.

Reuters reported connected Wednesday that Washington and Abu Dhabi were adjacent to a woody that would let the UAE to import 500,000 of Nvidia's astir precocious AI chips per year, starting successful 2025.

(Reporting by Hadeel Al Sayegh successful Dubai, further reporting by Federico Maccioni successful Dubai, Laurie Chen successful Beijing and Alexandra Alper successful Washington, DC; Writing by Yousef Saba; Editing by Kevin Liffey and Elaine Hardcastle)