Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleThe US president has declared the ceasefire is over but agreed to further talks (Alex Brandon/AP) (AP)The Commerce Department announced a deal granting the United Arab Emirates license-free access to critical U.S. technology, including AI chips. Critics allege this preferential treatment stems from a UAE royal's investment in a Trump family cryptocurrency company before Trump's inauguration. Democratic Sen. Elizabeth Warren labeled the change in export controls a "corrupt deal" and called for testimony from Commerce Department officials, citing national security risks. Concerns were raised that the deal could pose significant national security risks, potentially allowing China access to sensitive American technologies due to G42's past ties with Huawei. The Trump family has faced scrutiny over its financial ties to Sheikh Tahnoon bin Zayed Al Nahyan, with recent disclosures showing substantial personal earnings from crypto companies linked to Tahnoon. In fullUAE investor who bought half of Trump crypto firm gets green light to buy US AI chips as critics slam ‘corrupt deal’More bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Trump administration slammed for ‘corrupt deal’ with UAE to make AI chips
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleThe US president has declared the ceasefire is over but agreed to further talks (Alex Brandon/AP) (AP)The Commerce Department announced a deal granting the United Arab Emirates license-free access to critical U.S. technology, including AI chips. Critics allege this preferential treatment stems from a UAE royal's investment in a Trump family cryptocurrency company before Trump's inauguration. Democratic Sen. Elizabeth Warren labeled the change in export controls a "corrupt deal" and called for testimony from Commerce Department officials, citing national security risks. Concerns were raised that the deal could pose significant national security risks, potentially allowing China access to sensitive American technologies due to G42's past ties with Huawei. The Trump family has faced scrutiny over its financial ties to Sheikh Tahnoon bin Zayed Al Nahyan, with recent disclosures showing substantial personal earnings from crypto companies linked to Tahnoon. In fullUAE investor who bought half of Trump crypto firm gets green light to buy US AI chips as critics slam ‘corrupt deal’More bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
