India  

Microsoft Makes $1.5 Billion Investment in Leading UAE Technology Firm

Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Microsoft Makes $1.5 Billion Investment in Leading UAE Technology Firm

Microsoft Makes $1.5 Billion Investment in Leading UAE Technology Firm

Microsoft Makes $1.5 Billion , Investment in Leading , UAE Technology Firm.

Microsoft Makes $1.5 Billion , Investment in Leading , UAE Technology Firm.

'The Independent' reports that Microsoft has announced a $1.5 billion investment in a leading United Arab Emirates-based artificial intelligence firm.

.

'The Independent' reports that Microsoft has announced a $1.5 billion investment in a leading United Arab Emirates-based artificial intelligence firm.

.

The deal, overseen by the UAE's powerful national security adviser, will see Microsoft president Brad Smith join technology holding company G42's board of directors.

The deal, overseen by the UAE's powerful national security adviser, will see Microsoft president Brad Smith join technology holding company G42's board of directors.

The UAE's national security adviser, Sheikh Tahnoon bin Zayed Al Nahyan, is the current chairman of G42's board of directors.

.

In a statement released on April 16, Microsoft said the deal “was developed in close consultation with both the UAE and U.S. governments.”.

In a statement released on April 16, Microsoft said the deal “was developed in close consultation with both the UAE and U.S. governments.”.

G42, which runs data centers in the Middle East and elsewhere, has built the world's leading Arabic-language AI model, Jais.

.

According to Microsoft, G42 will move its AI applications and services over to the U.S. tech giant's cloud computing platform.

.

According to Microsoft, G42 will move its AI applications and services over to the U.S. tech giant's cloud computing platform.

.

The deal will also look to bring digital infrastructure to regions that G42 has already established a presence, including the Middle East and Africa.

'The Independent' reports that G42 previously cut ties with Chinese hardware suppliers to limit U.S. concerns that the company was closely tied to the Chinese government.

'The Independent' reports that G42 previously cut ties with Chinese hardware suppliers to limit U.S. concerns that the company was closely tied to the Chinese government.

Prior to Microsoft's investment, the company reportedly faced allegations of spying for its connection to a mobile phone app identified as spyware.

The tech company also faced accusations that it gathered genetic material from U.S. users for the Chinese government.

.

The tech company also faced accusations that it gathered genetic material from U.S. users for the Chinese government.


You Might Like


💡 newsR Knowledge: Other News Mentions

United Arab Emirates United Arab Emirates Country in West Asia

Sudan's army rejects UAE's accusation it attacked ambassador's residence [Video]

Sudan's army rejects UAE's accusation it attacked ambassador's residence

Credit: FRANCE 24 English    Duration: 01:30Published
US and European allies call for 21-day ceasefire between Israel and Hezbollah [Video]

US and European allies call for 21-day ceasefire between Israel and Hezbollah

The parties calling for a halt to the Israel-Hezbollah conflict are the United States, Australia, Canada, the European Union, France, Germany, Italy, Japan, Saudi Arabia, United Arab Emirates and Qatar.

Credit: euronews (in English)    Duration: 01:01Published
Russia and Ukraine trade 206 POWs in UAE-brokered deal [Video]

Russia and Ukraine trade 206 POWs in UAE-brokered deal

Credit: FRANCE 24 English    Duration: 02:55Published
‘Consequences’: Houthi Leader Slams Arab World, Vows Escalation Over IDF’s Burning of Holy Book [Video]

‘Consequences’: Houthi Leader Slams Arab World, Vows Escalation Over IDF’s Burning of Holy Book

Abdul-Malik al-Houthi, leader of Yemen's Ansarullah movement, criticizes Arab regimes for their inaction against Israeli brutalities in Palestine. He emphasizes the importance of jihad in the Muslim world and warns against appeasing Israel. Al-Houthi praises Palestinian resistance, calls for Muslim solidarity, and highlights Yemen's maritime operations against Israeli-affiliated vessels. He laments the declining spirit of jihad in Muslim nations and promises further resistance activities. #AbdulMalikAlHouthi #HouthiRebels #Yemen #Houthi #YemeniArmedResistance #Arabs #UAE #Jordan #SaudiArabia #Palestine #Gazawar #IsraelGazawar #Worldnews #Oneindia #Oneindianews ~PR.320~HT.318~ED.194~GR.122~

Credit: Oneindia    Duration: 03:15Published

Arabic Arabic Semitic language and lingua franca of the Arab world

From books to calligraphy: A look at Qatar’s thriving literary scene [Video]

From books to calligraphy: A look at Qatar’s thriving literary scene

Qatar 365 explores the infinite world of literature, from getting more children to read and spend more time at libraries, to getting crafty with Arabic calligraphy. We also visit Qatar’s first girls’ school, now turned into a museum, to honour the woman who fought for women’s education.

Credit: euronews (in English)    Duration: 12:00Published

Related videos from verified sources

Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production [Video]

Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production

Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production. On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his..

Credit: Wibbitz Top Stories     Duration: 01:30Published