Home ยป Microsoft Announces $1.5 Billion Investment in G42, a UAE-based AI Company

Microsoft Announces $1.5 Billion Investment in G42, a UAE-based AI Company

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.

More Reading

Post navigation

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Silent Reverie: Microsoft’s Unveiling of Copilot Android Application

Microsoft Offers Microsoft 365 without Teams in Europe to Avoid Antitrust Allegations

Investing Billions of Dollars, OpenAI Develops ChatGPT App on macOS before Windows.