As the Gulf region gains growing strategic importance in the tech war between the U.S. and China, Microsoft makes a big move into one of its oil-rich countries.
On Monday evening, Microsoft announced a $1.5 billion strategic investment in G42, the Abu Dhabi-based company that has become a major force in the United Arab Emirates’ effort to be a global leader in artificial intelligence. The minority stake will give Brad Smith, Microsoft’s vice chair and president, a seat on G42’s board of directors.
The deal signifies much more than a mere commercial collaboration between two AI titans; it …
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