Carol Masser

So the supply of it is fixed.

It's finite.

Coinbase CEO, Brian Armstrong there, along with Bloomberg's Emily Chang.

You can watch the full Farsight Chat.

Just go to Live Go on your Bloomberg terminal.

Meanwhile, coming up, we'll bring you our exclusive conversation with Peng Xiao.

He's the CEO of G42.

We're going to discuss the UAE's role in global AI development.

That's next.

This is Bloomberg Tech.

Back to Davos now, where Bloomberg's Germano de Bissetchi sat down with Peng Xiao.

He's the CEO of G42.

They discussed building AI infrastructure and the UAE's role in the global AI development.

They spoke on the sidelines of the World Economic Forum, of course, starting with the chip imports amid existing restrictions.

Just take a listen.

But I must say that through the past half a year, since the May summit in Abu Dhabi, we've made tremendous progress.

I'm happy to share with you that the first batch of the most advanced AI chips will be shipped to the UAE probably in the next couple of months.

They are mostly NVIDIA, but we also received the export license for Cerebus chip, which is a company we backed to start up in California, and also AMD.

Yeah.

Did you have to give security assurances to the U.S.?