Microsoft Invests $1.5B in UAE's AI Leader G42 Amid Global Expansion
April 17, 2024
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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Sources

The Washington Post • Apr 16, 2024
Microsoft invests in Arabic AI firm as U.S. tries to limit China’s sway
Yahoo Finance • Apr 16, 2024
Microsoft (MSFT) Invests $1.5B in G42 to Enhance AI Adoption
Yahoo Finance • Apr 16, 2024
Microsoft Invests $1.5 Billion in UAE’s G42 in Pivot From China