Microsoft to invest $1.5bn in AI firm in UAE, take board seat
Dubai (AFP) April 16, 2024
Microsoft is to invest $1.5 billion in United Arab Emirates artificial intelligence firm G42, taking a minority stake and a seat on the board, the companies said on Tuesday. The deal, in which G42 will run its applications and services on Microsoft's Azure platform, comes days after the US giant said it would plough $2.9 billion into Japanese AI. Microsoft has become a major player in th
