Microsoft to invest $1.5 B in Emirati AI firm G42

Microsoft (MSFT.O), opens new tab is investing $1.5 billion in United Arab Emirates-based artificial intelligence firm G42, giving the U.S. giant a minority stake and a board seat, allowing the two to deepen ties amid the global battle for tech dominance.

 

https://www.reuters.com/markets/deals/microsoft-invest-15-bln-emirati-ai-firm-g42-new-york-times-reports-2024-04-16/

 

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