President Trump is entering a new phase of deal-making, focusing on technology and its most sought-after commodity: artificial intelligence. This shift includes discussions with Middle Eastern entities and key figures such as Sheikh Tahnoon, who recently met with White House crypto and AI adviser David Sacks. The UAE has shown interest in AI deals, partly due to investments linked to Trump-associated crypto ventures. This development impacts global tech sector valuations and mergers and acquisitions, particularly concerning Nvidia’s prospects in the UAE.
— new from The New York Times