Microsoft Invests $1.5 Billion in UAE AI Firm G42

Microsoft has invested $1.5 billion in Abu Dhabi-based artificial intelligence (AI) firm G42.The investment is the latest in a series of collaborations for the company and marks the latest example of the United Arab Emirates’ (UAE) growing importance in the AI space.“Building on the two organizations’ long-standing collaboration in AI and digital transformation initiatives, Microsoft’s investment deepens the reciprocal commitment to this strategic partnership,” the companies said in a Tuesday (April 16) new ...