Microsoft invests $1.5 billion in AI firm G42 which faces U.S. scrutiny for China ties
Publishing timestamp: 2024-04-16 05:00:22
Summary
Microsoft to invest $1.5 billion in UAE's G42 AI firm, amid government involvement and scrutiny over alleged ties to China. Deal includes partnership on AI applications and services on Microsoft Azure. UAE aims to establish itself as key technology hub in Middle East. $1 billion fund to support development of skilled AI workforce in region.
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Keywords: united arab emirates, technology, united states government, enterprise, generative ai, artificial intelligence, telecommunications, brad smith, united arab emirates government, internet, telecommunications services, chinese armed forces, business news, china government, microsoft corp, huawei, business,