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White House weighs new export limits on Nvidia and AMD AI chips to Persian Gulf nations

techcrunch.com — October 15, 2024, 08:00 PM UTC

Summary: The Biden administration is considering new limits on the export of advanced AI chips from Nvidia and AMD to certain Persian Gulf countries, including Saudi Arabia and the UAE. This move is aimed at addressing national security concerns.

Previously, the U.S. banned these chip sales to China and imposed restrictions on 40 other countries to prevent indirect sales to China. The potential new restrictions reflect growing concerns about the influence of Persian Gulf nations in the AI sector.

Saudi Arabia and the UAE are investing heavily in AI, with Saudi Arabia planning a $40 billion fund for AI technology. OpenAI has also engaged with a UAE-backed fund for a significant investment round.

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Timeline:

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