UAE investor who bought half of Trump crypto firm gets green light to buy best US AI chips in ‘corrupt deal’
The U.S. Commerce Department granted UAE companies, including G42, license-free access to advanced AI chips. Critics allege this is a 'corrupt deal' due to a UAE royal's prior investment in a Trump crypto firm. Concerns include national security risks and potential Chinese access to U.S. technology, though some see benefits in international AI collaboration.