ABU DHABI, UAE, April 16, 2024 – G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft Corp. today announced a $1.5 billion strategic investment by Microsoft in G42. The investment will strengthen the two companies’ collaboration on bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other countries around the world. As part of this expanded partnership Brad Smith, Vice Chair and President of Microsoft, will join the G42 Board of Directors.
This expanded collaboration will empower organizations of all sizes in new markets to harness the benefits of AI and the cloud while ensuring they are adopting AI that adheres to world-leading standards in safety and security.