The US and UAE made a significant partnership to make a massive investment in artificial intelligence. Led by the government-backed company G42, the UAE has made an enormous investment to help it expand its economy rather than just relying on oil to emerge as a global leader in AI and technological cooperation.
Microsoft strikes a deal with G42, the company of the United Arab Emirates. According to the deal, the tech giant will transfer advanced AI chips and tools to the UAE. Microsoft invests US $1.5 billion in the UAE company, G42, providing the tech giant with a minority stake and US-UAE AI partnership strengthening the international tie between the US and UAE.