CryptoIntelligence
2024-04-20 07:48:25

Microsoft Invests $1.5 Billion in UAE-based AI Company G42, Expanding Global AI Reach

Microsoft has announced a significant expansion in its global artificial intelligence (AI) initiatives with a strategic $1.5 billion investment in G42, an Abu Dhabi-based AI tech holding company. This partnership, unveiled on April 16, marks a considerable step in Microsoft’s efforts to advance AI development and enhance the accessibility of state-of-the-art technologies both within the United Arab Emirates (UAE) and globally. As part of this partnership, G42 will utilize Microsoft’s AI computing platform, Azure, to operate its AI applications and services. This collaboration aims to extend beyond the UAE, targeting the provision of advanced AI solutions to the global public

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