The person in charge of ALAT, a new semiconductor and artificial intelligence technology investment fund established by Saudi Arabia, said that if the United States requires, ALAT will withdraw capital from China.
According to Bloomberg News on Wednesday (May 8th), the person in charge of ALAT AMIT MIDHA interviewed in the gap in the Global Conference of the Milken Research Institute in California, "As of nowIt is required to completely separate the manufacturing and supply chain, but if the cooperation with China will bring doubts to the United States, the fund will withdraw capital.
Mida pointed out that the United States is the largest partner of ALAT and the number one market for AI, chips and semiconductor industries."We are seeking trustworthiness and security relationships in the United States."
He also revealed that ALAT will announce cooperation with two American technology companies by the end of June and will jointly invest with an American investment company.
ALAT is one of the Public Investment Fund (PIF) of the Saudi Arabian Arabian Sovereign Fund Fund (PIF) injects $ 100 billion (S $ 135.6 billion).
In February this year, ALAT announced that it would cooperate with Zhejiang Dahua Technology.The two companies will invest 200 million US dollars to create ALAT Aivisio Technology and establish advanced production facilities.The two companies will cooperate in technology opening, test laboratories and demonstration centers.
It is reported that Saudi Arabia is seeking to gain regional leadership in advanced technology, hoping to enter data centers, AI companies and semiconductor manufacturing.But at the same time, the United States' review of relations between the Middle East and China is becoming increasingly strict. The United States is concerned that Beijing has obtained the technology of being controlled by the United States through the United States through Saudi Arabia, the United Arab Emirates and other countries.
The United States has requested that the AI company headquarters in Abu Dhabi is stripped of Chinese technology in exchange for the US system required to continue to use AI applications.The agreement also paved the way for Microsoft to invest in G42 $ 1.5 billion.
