Microsoft Invests $1.5 Billion in Abu Dhabi's G42 to Accelerate AI Development and Global Expansion
Summary
G42 and Microsoft will also work together to bring advanced AI and digital infrastructure to countries in the Middle East, Central Asia, and Africa, providing these nations with equitable access to services to address important governmental and business concerns while ensuring the highest standards of security and privacy.H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of G42, said: "Microsofts investment in G42 marks a pivotal moment in our companys journey of growth and innovation, signifying a strategic alignment of vision and execution between the two organizations. "The commercial partnership is backed by assurances to both governments through a first of its kind agreement to apply world-class best practices to ensure the secure, trusted, and responsible development and deployment of AI. This includes a joint plan announced in April 2023 to develop AI solutions tailored for the public sector and industry, leveraging Microsofts extensive partner ecosystem and cloud capabilities. Its mission is to empower every person and every organization on the planet to achieve more.About G42G42 is a technology holding group, a global leader in creating visionary artificial intelligence for a better tomorrow.