Microsoft invests $1.5 billion in AI firm G42 which faces U.S. scrutiny for China ties
CNBC - 2024-04-16T08:01:10.000Z

Microsoft will invest $1.5 billion into G42, an artificial intelligence firm based in the United Arab Emirates.

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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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- 2024-04-16T04:36:00.000Z
Microsoft to invest $1.5 billion in G42, a leading AI firm in United Arab Emirates
Microsoft said Tuesday that it will invest $1.5 billion in G42, a leading United Arab Emirates AI firm.
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- 2024-04-16T09:20:00.000Z
Microsoft invests $1.5 billion in AI firm G42, overseen by UAE's national security adviser
Microsoft is investing $1.5 billion in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser. Microsoft and the technology holding company G42 announced the deal Tuesday. As part of the agreement, Microsoft's president, Brad Smith, will join G42's board of directors.
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- 2024-04-16T21:54:56.000Z