A top official at the Saudi Data and AI Authority expressed optimism that Saudi Arabia will gain access to Nvidia's high-performance chips within the next year, a move that would significantly boost its AI capabilities. This comes despite US export restrictions aimed at preventing such technology from falling into the hands of China.
Saudi Arabia is optimistic about gaining access to U.S. chipmaker Nvidia 's high-performance chips, which would enable it to develop and operate the most advanced artificial intelligence models.
"I think within the next year," Habib, Deputy CEO of SDAIA's strategy management office, told CNBC's Dan Murphy after being asked about a potential timeline. It's a significant expectation given that the United States' strict export controls have thus far prevented the chips' export to the kingdom. Habib made the comments on the sidelines of GAIN, Saudi Arabia's international AI summit, which took place in Riyadh this week.
Those efforts are part of Vision 2030, an initiative launched by Saudi Crown Prince Mohammed bin Salman to modernize the Saudi economy and diversify its revenues away from oil.U.S. chip export restrictions
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