Microsoft And G42 Partner To Accelerate AI Innovation In UAE And Beyond
Microsoft News, Monday, April 15th, 2024
Microsoft announced a strategic investment in G42, a leading AI company in the UAE, to co-innovate and deliver advanced AI solutions with Microsoft Azure for various industries and markets across the Middle East, Central Asia and Africa.
Microsoft will invest $1.5 billion in G42 for a minority stake in the company with Brad Smith, Microsoft Vice Chair and President, joining G42's board of directors - strengthening the long-standing collaboration and mutual synergies between the two companies. With the breadth of the Microsoft Cloud and its differentiated AI capabilities, the deal significantly advances G42's strategy of delivering generative AI and next-generation infrastructure and services for a range of customers across financial services, healthcare, energy, government and education.