Posted 4/16/2024, 4:33:19 AM
Microsoft Invests $1.5 Billion in UAE's G42 for AI Collaboration and Expansion
- Microsoft investing $1.5 billion in G42 for a minority stake and board seat to deliver advanced AI solutions on Azure
- Companies establishing a $1 billion developer fund to boost AI skills in the UAE and region
- G42 migrating infrastructure to Microsoft Azure to benefit from performance, scalability, and security
- Expanding access to AI innovation in emerging markets beyond the UAE
- Partnership strengthening collaboration between Microsoft and G42 to co-innovate AI solutions