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Abu Dhabi has committed to investing tens of billions of dollars into AI and has tied up with Microsoft and Nvidia as part of its goals to invest in a future beyond crude. ABU DHABI: One of Abu Dhabi’s newest state-backed investment companies is looking at dozens of potential new deals as it plans to […]
The US imposed a US$500,000 penalty against GlobalFoundries, the world’s third-largest contract chipmaker, for shipping chips to a Chinese company without seeking authorisation, the Department of Commerce said on Friday. In a statement, it said GlobalFoundries had sent 74 shipments worth US$17.1 million to a firm on a trade restriction list known as the entity […]