Microsoft announced a $1.5 billion strategic investment in United Arab Emirates-based artificial intelligence firm G42 — the biggest new round to go to an AI startup this year.
Based in Abu Dhabi, G42 runs data centers in the Middle East and elsewhere and has built what’s considered the world’s leading Arabic-language AI model, known as Jais.
The investment will strengthen the two companies’ collaboration on bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other countries around the world. As part of this expanded partnership Brad Smith, Vice Chair and President of Microsoft, will join the G42 Board of Directors.
The collaboration is expected to empower organisations of all sizes in new markets to harness the benefits of AI and the cloud while ensuring they are adopting AI that adheres to world-leading standards in safety and security.
Building on the two organisations’ long-standing collaboration in AI and digital transformation initiatives, Microsoft’s investment deepens the reciprocal commitment to this strategic partnership. G42 will run its AI applications and services on Microsoft Azure and partner to deliver advanced AI solutions to global public sector clients and large enterprises.
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