Microsoft Invests in UAE AI Firm
This is a the United Arab Emirates' news story, published by MSN, that relates primarily to Microsoft news.
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•The Middle East Microsoft, OpenAI partner mired in national security controversy
87% Informative
Microsoft invested $1.5 billion in the United Arab Emirates' top artificial intelligence firm, G42 .
The deal provides Microsoft with access to vast amounts of data, the deep pockets of the rulers of the oil-rich Middle Eastern country, and a looser regulatory environment.
The UAE 's autocratic, state-capitalist governance is seen as an advantage, enabling smooth and speedy mobilization of substantial resources towards tech leadership goals.
Microsoft 's decision to pivot strategy reflects intense scrutiny and geopolitical challenges surrounding the deal.
Microsoft now reportedly plans to instead lease its AI products to the AI company.
Microsoft 's relationships in the UAE come amid greater focus among U.S. tech giants on the Middle East's AI potential, leading to a surge in investment and innovation in the region.
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