The US has approved exports worth billions of dollars of Nvidia chips to the United Arab Emirates, making it the first of its kind under the Donald Trump administration.

The Nvidia chip export approval comes as part of a deal between the US and the UAE that could serve as a blueprint for American AI statecraft but has been laden with controversy.

Nvidia has however not secured permits to export for G42, which is partnering with OpenAI on a campus in the UAE’s capital city, according to the report.

It is not clear how and when the additional licenses and will depend in part on how the UAE’s specific investment plans unfold. Also Read | Oracle shares drop 7% after report flags cloud profit margins from Nvidia chips

Under the accord, the oil-rich UAE will match in investment what

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