Microsoft invests $1.5bn in G42, UAE's top AI firm, for global AI expansion and data access.

Microsoft has invested $1.5bn in the UAE's top AI firm, G42, in a strategic move to expand its global AI footprint and gain access to vast amounts of data, the resources of the UAE's rulers, and a more lenient regulatory environment. This move has drawn criticism from US intelligence officials who express concern over the potential transfer of sensitive American technologies and data to China via G42's partnerships. G42's partnership with Microsoft is seen as a way to consolidate AI leadership and accelerate AI innovation, with plans to build data centers in East African nations.

August 25, 2024
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