Core Insights - Microsoft announced a total investment of $15.2 billion in artificial intelligence (AI) and related projects in the UAE [1] Investment Details - From 2023 to the end of this year, Microsoft plans to invest over $7.3 billion in the UAE, which includes a $1.5 billion equity investment in G42 Group and over $4.6 billion in capital expenditures for AI and cloud data centers [1] - From early 2026 to the end of 2029, Microsoft will continue to invest more than $7.9 billion in related projects in the UAE [1] AI Utilization in UAE - A report from Microsoft indicates that the UAE ranks first globally in AI utilization per capita, with 59.4% of the population using generative AI, surpassing Singapore's 58.6% [1] Collaboration with ADNOC - Microsoft signed an agreement with the Abu Dhabi National Oil Company (ADNOC) to jointly develop and deploy AI applications, aiming to promote smart transformation in the energy sector [1] - Under the agreement, Microsoft will provide AI tools and employee training programs to ADNOC, and both parties will explore establishing a joint innovation ecosystem to develop transformative smart solutions for the energy industry [1]
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