Microsoft Invests US$1.5B in G42 to Boost Global AI and Cloud Technologies
Jumpstart Team
April 25, 2024
Microsoft has recently made a move in the AI realm with a hefty US$1.5 billion investment in G42, a prominent AI technology holding company based in the UAE. This investment aims to bolster the collaboration between the two entities, facilitating the introduction of Microsoft AI technologies and educational initiatives in the UAE and other global markets. Additionally, Brad Smith, Vice Chair and President of Microsoft, will join the G42 Board of Directors as part of the expanded partnership.
