The U.S. government has restricted sales of Nvidia’s high-performance compute GPUs to the Middle East and some other countries, the company said in a regulatory filing this week.
“During the second quarter of fiscal year 2024, the U.S. government informed us of an additional licensing requirement for a subset of A100 and H100 products destined to certain customers and other regions, including some countries in the Middle East,” a statement by Nvidia reads.
Although Nvidia disclosed these new limitations in a U.S. regulatory filing, the company did not reveal which countries in the Middle East are specifically impacted by these controls.
Both Saudi Arabia and the UAE have been strengthening their AI prowess in the recent years, which is why they are significant purchasers of Nvidia’s chips.
Furthermore, Saudi Arabia even entered into a strategic alliance with China, committing to work collaboratively on artificial intelligence projects.
Despite the new restrictions, Nvidia stated that the licensing requirement does not significantly impact its revenue and that the company is working with the U.S. government to address the issue.
The original article contains 329 words, the summary contains 169 words. Saved 49%. I’m a bot and I’m open source!
This is the best summary I could come up with:
The U.S. government has restricted sales of Nvidia’s high-performance compute GPUs to the Middle East and some other countries, the company said in a regulatory filing this week.
“During the second quarter of fiscal year 2024, the U.S. government informed us of an additional licensing requirement for a subset of A100 and H100 products destined to certain customers and other regions, including some countries in the Middle East,” a statement by Nvidia reads.
Although Nvidia disclosed these new limitations in a U.S. regulatory filing, the company did not reveal which countries in the Middle East are specifically impacted by these controls.
Both Saudi Arabia and the UAE have been strengthening their AI prowess in the recent years, which is why they are significant purchasers of Nvidia’s chips.
Furthermore, Saudi Arabia even entered into a strategic alliance with China, committing to work collaboratively on artificial intelligence projects.
Despite the new restrictions, Nvidia stated that the licensing requirement does not significantly impact its revenue and that the company is working with the U.S. government to address the issue.
The original article contains 329 words, the summary contains 169 words. Saved 49%. I’m a bot and I’m open source!