Microsoft Invests $1.5B in UAE's AI Leader G42 Amid Global Expansion

April 17, 2024
Microsoft Invests $1.5B in UAE's AI Leader G42 Amid Global Expansion
  • Microsoft Corp. invests $1.5 billion in UAE's leading AI firm G42, chaired by national security adviser Sheikh Tahnoon bin Zayed Al Nahyan.

  • The strategic partnership includes Microsoft's president joining G42's board and deployment of AI services on Microsoft's cloud platform.

  • G42, known for its Arabic-language AI model 'Jais', plans to sever ties with Chinese hardware suppliers amid spying concerns.

  • The collaboration between Microsoft and G42 is set to enhance AI and digital infrastructure in the Middle East, Central Asia, and Africa.

  • A $1 billion fund is established to support developers in the region, highlighting the commitment to innovation in digital technologies.

Summary based on 20 sources


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