G42

The United Arab Emirates has reportedly put a halt to meetings between Emirati AI firm G42 and U.S. Congressional staffers in the wake of concerns over the potential transfer of technology to China. What Happened: The UAE Ambassador to the U.S. “personally intervened” to stop meetings...

Microsoft Corporation’s (NASDAQ:MSFT) $1.5 billion investment in UAE-based AI firm G42 has drawn criticism from Republican lawmakers over the company’s historical ties to China. What Happened: Rep. Michael McCaul (R-Texas), chair of the House Foreign Affairs Committee,...

The $1 billion AI project between Microsoft Corporation (NASDAQ:MSFT) and United Arab Emirates AI holding company G42 in Kenya has come under the scanner due to national security concerns. What Happened: The deal, which was announced in May, was brokered with the involvement of the U.S. and...

Microsoft Corp. (NASDAQ:MSFT) President Brad Smith revealed that the company’s deal with UAE-backed AI firm G42 might involve transferring advanced AI technology. What Happened: Smith indicated that the agreement could eventually include exporting crucial AI components like model weights,...

Microsoft has invested $1.5 billion in G42, an AI company based in Abu Dhabi, to enhance its presence. Microsoft's strategic partnership with G42 is an effort to strengthen its position in the competitive AI market. Despite Microsoft's promising business developments, its stock has...

Microsoft Corp. (NASDAQ:MSFT) has announced a $1.5 billion investment in the United Arab Emirates’ leading artificial intelligence firm, G42. The investment will also secure Microsoft a seat on G42’s board, indicating a strategic shift towards strengthening G42’s commitment to...