UAE investor who bought half of Trump crypto firm gets green light to buy US AI chips as critics slam ‘corrupt deal’
An investor from the UAE, which recently acquired a stake in Trump's crypto firm, has received approval to purchase advanced US AI chips, sparking controversy and criticism over the potential security risks. Critics argue that this deal could enable China to access sensitive technology, raising alarms about national security. The implications extend beyond just trade, suggesting a broader strategic risk as foreign entities gain access to critical US technological advancements. This move underscores the complex geopolitical dynamics at play between the US, UAE, and China.
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