Thursday, 18 April, 2024
Microsoft to Invest $1.5 Billion in Emirati AI Firm G42
Microsoft announces plans to invest $1.5 billion in G42, an Emirati artificial intelligence company. This strategic investment aims to bolster G42's AI capabilities and expand Microsoft's footprint in the Middle East's burgeoning AI sector. The partnership signifies Microsoft's commitment to fostering innovation and technological advancement in the region, positioning G42 as a key player in the global AI landscape.
Read full story at Bloomberg