Trusted News Discovery Since 2008
{{/content}}
United Arab Emirates: Destination UAE - IR Global
Credit: Mondaq- Published 3 weeks ago
Geopolitical instability generally influences mobility. However, emigration does not come exclusively from conflict zones, and can be purely economic.
Video credit: Wibbitz Top Stories
Published 3 weeks ago - 01:31
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 are here
Related videos from verified sources
Dubai Floods: Air India, IndiGo Dubai flights face cancellation amid adverse weather | Oneindia 03:01
Credit: Oneindia - Published 3 weeks ago
Related news from verified sources
It has been four months since the world, (and co-author, Inna Ali) gathered in United Arab Emirates (UAE) for the 2023 UN Climate Change Conference which...
2 weeks ago • Mondaq
The liquidation of a company is a pivotal process governed by legal regulations in the UAE. Understanding the intricacies of liquidation proceedings is essential...
on April 1, 2024 • Mondaq
Part-time employment is becoming increasingly common in the modern workforce, offering flexibility for both employers and workers. In the UAE the legal framework...
on April 8, 2024 • Mondaq