Microsoft to Invest $15 Billion in Abu Dhabi AI Group G42
The investment will be used to develop and deploy AI solutions in the region.
Microsoft and G42 will collaborate on a range of AI initiatives, including healthcare, education, and smart cities.
Microsoft and G42, an Abu Dhabi-based AI and cloud computing company, have announced a $15 billion investment partnership. The investment will be used to develop and deploy AI solutions in the region. The two companies will collaborate on a range of AI initiatives, including healthcare, education, and smart cities.
The investment is a major boost for G42, which is one of the leading AI companies in the Middle East. The company has developed a number of AI-powered solutions, including a facial recognition system that is used by law enforcement agencies in the region. The investment from Microsoft will help G42 to expand its operations and develop new AI solutions.
The investment is also a sign of Microsoft's commitment to the Middle East. The company has been investing in the region for a number of years, and it has established a number of partnerships with local companies. The investment in G42 is a further sign of Microsoft's commitment to the region, and it is likely to lead to the development of new AI solutions that will benefit the people of the Middle East.
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