Microsoft invests $1.5 billion in AI firm G42, overseen by UAE's national security adviser
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Microsoft to invest $1.5 billion in Emirati AI firm G42
Microsoft plans to invest $1.5 billion in G42, an artificial intelligence firm in the United Arab Emirates, the New York Times reported on Tuesday. G42 had divested its investments in China and began the lengthy task of pulling out Chinese hardware amid U.S. concerns over its relationship with Chinese businesses. Under the partnership, G42 will use Microsoft's cloud services and accede to a security arrangement negotiated in detailed conversations with the U.S. government, the newspaper said....
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Microsoft to invest $1.5B in Emirati AI firm G42, takes minority stake
Microsoft will invest $1.5 billion in United Arab Emirates-based artificial intelligence firm G42, giving the U.S. tech giant a minority stake and a seat on the board, the companies said in a statement on Tuesday.
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Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk
Enterprise tech giant Cisco unveiled a new security product, called HyperShield, which it says aims to secure clients' data and devices with the help of AI.