The United Arab Emirates receives a $15.2 billion investment commitment from Microsoft. The United States approves the export of Nvidia's GB300 GPU.

According to the Securities Times News APP, Microsoft (MSFT.US) announced on Monday that it will invest $15.2 billion in the UAE from 2023 to 2029 to drive its business growth in the region. The tech giant also stated that it has obtained a license to export advanced artificial intelligence (AI) GPUs to the UAE, including relevant products from Nvidia (NVDA.US).