Microsoft Pumps $1.5 Billion into UAE’s G42
- Publish date: Saturday، 20 April 2024 | Last update: Monday، 06 May 2024
In April 2023, G42 and Microsoft announced a joint initiative to develop tailor-made AI solutions for the public sector and industry.
- Related articles
- UAE Non-oil Foreign Trade Close to AED500 Billion in Q1 2022
- Azizi Starts Construction of World's Second Tallest Tower
- Coa-Cola Signs $1.1B Deal to Use Microsoft Cloud Services
Tech giant Microsoft Corp. has unveiled a $1.5 billion investment in the UAE-based AI firm G42 to elevate the UAE's status as an AI hub.[1]
فيديو ذات صلة
This browser does not support the video element.
Read More: Microsoft Splits Teams and Office Globally
Through this collaboration, Microsoft and G42 aim to disseminate the advantages of secure AI technologies and cloud capabilities to burgeoning economies globally.
G42 is slated to migrate its suite of AI applications and services to Microsoft Azure to enable the delivery of AI solutions to a diverse array of global public sector clients and enterprises.
As part of this alliance, Microsoft's Vice Chair and President Brad Smith will join the Board of Directors at G42. Moreover, both companies pledge their support to establish a $1 billion fund aimed at nurturing a skilled and diverse AI workforce.
In addition, Microsoft and G42 will provide advanced AI and digital infrastructure to countries spanning the Middle East, Central Asia, and Africa to ensure equitable access to services and address crucial governmental and business concerns.
In April 2023, G42 and Microsoft announced a joint initiative to develop tailor-made AI solutions for the public sector and industry.
تم نشر هذا المقال مسبقاً على Inc Arabia EN. لمشاهدة المقال الأصلي، click here
- ↑ "Press release" ، Published on news.microsoft.com