Microsoft invests $1.5 billion in Abu Dhabi’s G42 to accelerate AI development and global expansion - Stories
April 15, 2024
| Microsoft Source
This strategic investment will enhance the UAE’s position as a global AI hub and provide further opportunities for partners and customers to innovate and grow.
G42 and Microsoft will collaborate to ensure the benefits of secure AI technologies and cloud capabilities are responsibly shared with growing economies globally.
Microsoft’s Vice Chair and President Brad Smith will take a seat on the G42 Board.
Both companies will support the establishment of a $1B fund ...
Read more at news.microsoft.com