"Microsoft's $1.5 Billion Investment in G42 Signals Major AI Partnership in UAE"

1 min read
Source: Bloomberg
"Microsoft's $1.5 Billion Investment in G42 Signals Major AI Partnership in UAE"
Photo: Bloomberg
TL;DR Summary

Microsoft is investing $1.5 billion in G42, the top artificial intelligence firm in the United Arab Emirates, as the company shifts its focus away from China. The investment will involve Microsoft President Brad Smith joining G42's board and G42 using Microsoft's Azure cloud for its AI applications. The partnership, developed in consultation with the UAE and US governments, aims to bolster G42's commitment to scaling back its presence in China.

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