Tuesday, 24 March, 2026
Microsoft Pours $15B+ into UAE AI Hub with US Chip Access
By Isha
Microsoft is set to invest over $15 billion in the United Arab Emirates through 2029, primarily for the expansion of AI data centers. The tech giant has secured necessary export licenses from the US government to ship advanced AI chips to the Gulf nation, supporting the UAE's ambition to become a global AI hub and meeting the region's rapidly growing demand for AI computing power.
Read full story at Economic Times