
In the presence of UAE President, Global Tech Alliance launches Stargate UAE
ABU DHABI (ALETIHAD)In the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and in a historic step forward for artificial intelligence and international collaboration, G42, OpenAI, Oracle, NVIDIA, SoftBank Group and Cisco on Thursday announced their partnership to build Stargate UAE. Stargate UAE is a next-generation AI infrastructure cluster that will run in the newly established 5-gigawatt UAE–US AI Campus in Abu Dhabi.The launch ceremony was attended by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi; H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence; and H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of the Emirate of Abu Dhabi and Board Chairman of the Artificial Intelligence Council; along with a number of high-ranking officials.Stargate UAE, a 1-gigawatt compute cluster, will be built by G42 and operated by OpenAI and Oracle. The collaboration will also include Cisco, offering its zero-trust security and AI-ready connectivity, and SoftBank Group, as well as NVIDIA which will supply the latest NVIDIA Grace Blackwell GB300 systems. The facility will provide best-in-class infrastructure, nation-scale compute, and low latency inferencing to deliver AI that will meet the demands of an increasingly intelligent world. The first 200-megawatt AI cluster is expected to go live in 2026.Stargate UAE creates a foundation for scalable, trusted AI. It will accelerate scientific discovery and drive innovation across industries ranging from healthcare and energy to finance and transportation, fueling future economic growth and national development.The UAE–US AI Campus, which will house Stargate UAE, was announced last week in Abu Dhabi. The endeavour builds on a new framework by the US and UAE governments, the 'US-UAE AI Acceleration Partnership,' to deepen cooperation and collaboration on AI and advanced technologies developing safe, secure, and responsible AI that delivers long-term benefits for humanity.Under this framework, UAE entities will also expand their investments in digital infrastructure in the US, in projects such as Stargate US, in line with the recently announced 'America First Investment Policy.'Spanning 10 square miles, the full UAE–US AI infrastructure campus is the largest such deployment outside of the US. It will provide 5 gigawatts of AI data centre capacity and regional compute resources. The facility will be powered by nuclear, solar, and natural gas to minimise carbon emissions and it will also house a science park driving innovation, talent development, and sustainable compute infrastructure.Peng Xiao, Group CEO of G42, said, 'The launch of Stargate UAE is a significant step in the UAE–US AI partnership. As a founding partner, we're proud to work alongside institutions that share our belief in responsible innovation and meaningful global progress. This initiative is about building a bridge - rooted in trust and ambition - that helps bring the benefits of AI to economies, societies, and people around the world.'Sam Altman, Co-founder and CEO of OpenAI, said, 'By establishing the world's first Stargate outside of the US in the UAE, we're transforming a bold vision into reality. This is the first major milestone in our OpenAI for Countries initiative—our effort to work with allies and partners to build AI infrastructure around the world. It's a step toward ensuring some of this era's most important breakthroughs—safer medicines, personalised learning, and modernised energy—can emerge from more places and benefit the world.'Larry Ellison, CTO and Chairman of Oracle, said, 'Stargate pairs Oracle's AI-optimised cloud with nation-scale sovereign infrastructure. This first-in-the-world platform will enable every UAE government agency and commercial institution to connect their data to the world's most advanced AI models.This landmark deployment sets a new standard for digital sovereignty and demonstrates how nation states can harness the power of the most important technology in the history of humankind.'Jensen Huang, founder and CEO of NVIDIA, said, 'AI is the most transformative force of our time. With Stargate UAE, we are building the AI infrastructure to power the country's bold vision – to empower its people, grow its economy, and shape its future.'Masayoshi Son, Chairman and CEO of SoftBank Group, said, 'When we unveiled Stargate in the US with OpenAI and Oracle, we set out to build an engine for the next information revolution. Now, the UAE becomes the first nation beyond America to embrace this sovereign AI platform, proving the global nature of this vision. SoftBank is proud to support the UAE's leap forward.Bold investments, trusted partnerships, and national ambition can create a more connected, more joyful and more empowered world.'Chuck Robbins, Chair and CEO of Cisco, said, 'Cisco is proud to join Stargate UAE to advance groundbreaking AI innovation in the UAE and around the world. By embedding our secure AI-optimised networking fabric for this international deployment, we're building smart, secure and energy-efficient networks that will turn intelligence into impact at global scale.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Al Etihad
an hour ago
- Al Etihad
Trump signs stablecoin law as crypto industry aims for mainstream adoption
18 July 2025 23:44 (Reuters)US President Donald Trump on Friday signed a law to create a regulatory regime for US-dollar-pegged cryptocurrencies known as stablecoins, a milestone that could pave the way for the digital assets to become an everyday way to make payments and move bill, dubbed the GENIUS Act, passed by 308 to 122, receiving support from nearly half the Democratic members and most Republicans. The law is a huge win for crypto supporters, who have long lobbied for such a regulatory framework in a bid to gain greater legitimacy for an industry that began in 2009 as a digital Wild West famed for its innovation and speculative chaos."This signing is a massive validation of your hard work and pioneering spirit," said Trump at a signing event that included several crypto are designed to maintain a constant value, usually a 1:1 US dollar peg, and their use has exploded, notably by crypto traders moving funds between tokens. The industry hopes they will enter mainstream use for sending and receiving payments new law requires stablecoins to be backed by liquid assets - such as US dollars and short-term Treasury bills - and for issuers to disclose publicly the composition of their reserves companies and executives have argued such legislation will enhance stablecoins' credibility and make banks, retailers and consumers more willing to using them to transfer funds stablecoin market, which crypto data provider CoinGecko said is valued at more than $260 billion, could grow to $2 trillion by 2028 under the new law, Standard Chartered bank estimated earlier this law's passage culminates a long lobbying effort by the industry, which donated more than $245 million in last year's elections to aid pro-crypto candidates including Trump, according to Federal Election Commission Republican president, who has since launched his own coin, in turn aligned himself with the industry and told a crypto conference during his presidential campaign that he would make the US "the crypto capital of the planet."But Democrats and critics have said the law should have blocked big tech companies from issuing their own stablecoins, which could increase the clout of an already powerful sector, contained stronger anti-money laundering protections and prohibited foreign stablecoin issuers. COULD BOOST DEMAND FOR T-BILLS Big US banks are internally debating an expansion into cryptocurrencies as regulators give stronger backing to digital assets, but banks' initial steps will be cautious, centering on pilot programs, partnerships or limited crypto trading, Reuters reported in several crypto firms including Circle and Ripple are seeking banking licenses. This would enable the companies to settle payments faster and cut costs by bypassing intermediary banks, as well as enhancing their of the bill have said it could potentially give rise to a new source of demand for short-term US government debt, or T-bills, because stablecoin issuers will have to purchase more T-bills to back their others worry this activity could increase volatility in the Treasury bills market. In an April research note, JPMorgan analysts estimated that stablecoin issuers could become the third-largest buyer of Treasury bills in the coming years. TRUMP CREATES BITCOIN RESERVE Trump has sought to broadly overhaul US cryptocurrency policies, signing an executive order in March establishing a strategic bitcoin reserve. The president has moved personally into digital assets, launching a meme coin called $TRUMP in January and partly owning crypto company World Liberty Financial.


The National
4 hours ago
- The National
The overlooked AI aspect of the US-Bahrain nuclear co-operation deal
The artificial intelligence boom was the primary driver of a recently signed nuclear energy agreement between Bahrain and the US, according to a Middle East technology expert. US Secretary of State Marco Rubio and Bahrain's Minister of Foreign Affairs Dr Abdullatif Al Zayani signed on Wednesday a civil nuclear co-operation agreement − and a major part of the deal involves a commitment to the development of small modular reactors. 'This deal positions Bahrain to become an emerging AI power, leveraging SMR inroads and its legacy as one of the Gulf's earliest technology pioneers,' said Mohammed Soliman, director of the strategic technology programme at the Washington-based Middle East Institute think tank. Over the past decade, as the AI boom has placed strain on energy grids, enthusiasm for SMRs − compact and versatile reactors that can be built and put on line at a quicker pace than conventional nuclear reactors − has increased significantly. Mr Soliman said that while most media coverage of the nuclear co-operation agreement framed it in the context of energy diversification, the bigger story was broader technological and industrial pivot throughout the Arabian Gulf. 'Energy is about enabling sovereign AI systems and digital exports,' he said. 'That shift from oil to AI is what gives this announcement its strategic weight.' While there has been a significant surge in SMR research and commitments from various entities in the public and private sectors around the world, most are still in the lengthy regulatory review and licensing stage. However, Mr Soliman said that SMRs are finally ready to come to fruition, and could have significant presence throughout the Middle East. 'The technology has matured considerably, especially with new reactor designs and private-sector players accelerating deployment,' he said. Governments throughout the Middle East, he added, have an appetite for placing long-term infrastructure bets and have centralised planning that make the region 'one of the most likely where SMRs can reach meaningful scale'. The infrastructure of the data centres that power AI takes more energy than conventional computing. Most estimates show that a query to ChatGPT uses 10 times more energy than a similar search on Google. In the US, the need to plug the energy gap created by AI has spurred renewed interest and public support for nuclear reactors. That pattern of nuclear enthusiasm has been echoed in many parts of the world, including the Middle East, where several countries are hoping to play a major role in AI development. 'This Nuclear Co-operation Memorandum of Understanding represents an important step towards deepening a robust civil nuclear partnership between the US and Bahrain,' said Ann Ganzer, US deputy assistant secretary in the Bureau of Arms Control and Nonproliferation. She added that the agreement builds on both countries' collaboration through something called First – the Foundational Infrastructure for Responsible Use of Small Modular Reactor Technology. Mr Al Zayani echoed those sentiments, saying that the country looks forward to the learning from the US's 'world-leading technology and expertise in this field'. 'There is no doubt that co-operation on nuclear technology will be a vital contributor to our shared responsibility and prosperity in the years ahead,' he added.


TAG 91.1
6 hours ago
- TAG 91.1
UAE, Hungary leaders explore new avenues for partnership
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Hungarian President Tamás Sulyok have held high-level talks in Budapest, focusing on strengthening cooperation between the two countries. The discussions, held at the Hungarian Parliament Building, covered key sectors including the economy, renewable energy, trade, investment and culture. Both leaders reaffirmed their commitment to deepening bilateral ties and exploring new opportunities for collaboration. Sulyok expressed hope that the visit would further advance relations, while Sheikh Mohamed highlighted the shared values and mutual respect that underpin the UAE-Hungary partnership. Following the talks, His Highness signed the VIP guestbook, expressing his appreciation for the warm welcome and the growing ties between the two nations. The two leaders also exchanged symbolic gifts reflecting their countries' rich heritage. The meeting was attended by senior officials from both sides. Following the talks, Sheikh Mohamed concluded his official visit and departed Budapest. — محمد بن زايد (@MohamedBinZayed) July 18, 2025