Microsoft has announced a strategic investment of $1.5 billion in G42, a leading AI company in Abu Dhabi, to strengthen the partnership between the two companies and provide Microsoft with the opportunity to leverage AI technology and knowledge in the UAE.
As a result of this collaboration, Brad Smith, President of Microsoft, will join the board of G42. Both companies believe that this partnership will accelerate the transition to digital in various industries, especially in the Middle East, Central Asia, and Africa regions.
Source: G42
TLDR: Microsoft invests $1.5 billion in the AI company G42 in Abu Dhabi to enhance collaboration and facilitate digital transformation in multiple industries across different regions.
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