“Importantly, they have the capital to do it, and they have the energy resources to do that and are attracting the best global talent as well,” the person added.
The Gulf states’ purchases of large numbers of Nvidia chips via state-owned groups come as the world’s leading tech companies rush to obtain the scarce chips for AI development.
Saudi Arabia and UAE race to buy Nvidia chips to power AI ambitions comes via ChinaTechNews.com.