Microsoft invests $1.5B in Abu Dhabi-based AI startup G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board
The Emirati AI Giant That Just Got A $1.5 Billion Investment From Microsoft Chris McKay / Maginative : Microsoft Invests $1.5 Billion in UAE's G42 Matthias Bastian / The Decoder : Microsoft invests $1.5 billion in Emirati AI company G42 James Kinoti / Cryptopolitan : Unified Vision: G42 and Microsoft Forge Path for Global AI Innovation Emilia David / The Verge : Microsoft drops $1.5 billion on G42, an Abu Dhabi-based AI company. Anirban Ghoshal / Network World : Microsoft expands G42 partnership with $1.5 billion investment Chimamanda U. Martha / Coinspeaker : Microsoft Commits $1.5B to Abu Dhabi's G42 to Accelerate AI Development Vish Gain / Silicon Republic : Microsoft to invest $1.5bn in Abu Dhabi AI start-up G42 Wall Street Journal : Microsoft to Invest $1.5 Billion in U.A.E. AI Firm Wayne Ma / The Information : Microsoft to Invest $1.5 Billion in Abu Dhabi's G42 Tech Conglomerate Vandana Nair / Analytics India Magazine : Microsoft Invests $1.5 billion in UAE-based AI Company G42 Ronak Kumar / The Crypto Times : Microsoft to Invest $1.5 Billion in UAE's Top AI Firm G42 Taylor Soper / GeekWire : Microsoft invests $1.5B in G42, the Emirati AI holding company based in Abu Dhabi Savannah Fortis / Cointelegraph : Microsoft pours $1.5B into UAE AI company, sets sights on global expansion Bloomberg : Sources: in 2023, Abu Dhabi's G42 and the US Commerce Department held talks that led to G42 agreeing to pare back its China presence to avoid punitive measures X: Chris Bing / @bing_chris : Deeply interested in how the biden admin (from Nsc through commerce) evaluated this move, given the available background Ed Ludlow / @edludlow : G42 really wants in on whatever Sam Altman's got going on. Now its got the backing, financial and otherwise, from Microsoft — that should help? Reporting from @dinabass @AbeerAO1 https://www.bloomberg.com/... Karen Kwok / @karenkkwok : Microsoft is investing $1.5 bln in UAE AI firm G42. The deal gets Microsoft years of cloud business, and puts UAE in the US' AI tent - unsurprising anyway given China's tech is not sufficient enough to serve the UAE's needs. My view for @Breakingviews: https://www.breakingviews.com/ ... Brad Smith / @bradsmi : . @Microsoft 's investment in @G42ai will enhance the UAE's position as a leading #AI hub and provide digital infrastructure and services to help underserved nations innovate and grow. We will combine world-class technology with world-leading standards for safe, trusted, and responsible AI, in close coordination with the governments of both the UAE and the United States. Mackenzie Hawkins / @mackhawk : Scoop: Microsoft's partnership w Abu Dhabi's G42 followed negotiations between the US government & the Middle Eastern firm, after Commerce officials told G42 last summer they'd have to choose between the US & China w @BenBartenstein @nwadhams @dinabass https://www.bloomberg.com/... @g42ai : This collaboration is poised to enhance the UAE's position as a global AI hub, providing further opportunities for our partners and customers to innovate and grow. Read more about this news here: https://www.g42.ai/... #G42 #G42ai #Exponentialai #ai #Technology @g42ai : The strategic investment cements our longstanding partnership with Microsoft as we also welcome Brad Smith to our Board, reinforcing our shared commitment to pioneering safe and secure AI technologies. @g42ai : We are excited to announce a $1.5 billion investment from @Microsoft in G42, marking a significant step forward in our journey to lead in #AI innovation globally. [image] Dina Bass / @dinabass : G42, the UAE's top AI firm, will also rely on Microsoft's Azure cloud to host its AI workloads. The deal was made with significant consultation with the US and UAE governments. Abeer and I speak with @BradSmi and G42 CEO Peng Xiao about the deal. Olav Mitchell Underdal / @omunderdal : Microsoft Makes High-Stakes Play in Tech Cold War With Emirati A.I. Deal - Microsoft plans to invest $1.5 billion in G42, an Emirati company with ties to China, as Washington and Beijing maneuver to secure tech influence in the Gulf. via @nytimes: https://www.nytimes.com/... LinkedIn: Ali Dalloul : Today marks a strategic milestone for Microsoft and G42, as well as the U.S. and UAE to accelerate the responsible AI transformation in the Middle East … Stasa Podgorsek : We're thrilled to announce the expansion of our strategic partnership with #G42 in the UAE and solidifying our commitment to deliver advanced #AI solutions … Darryl Willis : Sharing big news today, Microsoft is expanding #AI innovation through our collaboration with G42. Together, we're committed to responsible AI development … John Doyle : Today, we announced a strategic investment in G42, a leading AI company in the UAE, to co-innovate and deliver advanced AI solutions with Microsoft Azure … Tawanda Chihota : Five reasons why Microsoft's USD 1.5 billion investment in G42 really matters: — 1. The deal reflects the confidence #Microsoft …