Global News

Nvidia is launching in the Middle East despite new U.S. export restrictions on AI chips. The Biden administration has extended its curbs on exporting advanced AI chips, previously targeting China, to now include certain Middle Eastern countries. These restrictions primarily affect Nvidia’s A100 and H100 chips, which are crucial for AI and machine learning tasks.The U.S. government’s decision aims to prevent the misuse of advanced technologies for military purposes and to safeguard national security. Although Nvidia stated that the immediate financial impact of these curbs is minimal, they acknowledged potential long-term competitive disadvantages. This move comes after the U.S. imposed similar restrictions on China last October, emphasizing concerns over intellectual property and technology security

https://www.reuters.com/technology/nvidia-launch-middle-east-amid-us-curbs-ai-exports-region-ooredoo-ceo-says-2024-06-23/