Microsoft Invests $1.5 Billion in G42 as Top UAE AI Firm Pivots From China

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Microsoft Corp. will invest $1.5 billion in the United Arab Emirates’ top artificial intelligence firm, G42, bolstering the Abu Dhabi-based company’s commitment to scale back its presence in China.

As part of the accord, Microsoft President Brad Smith will join G42’s board, and G42 will use the US software maker’s Azure cloud for its AI applications. The agreement, an expansion of an existing partnership between the two companies, was developed in consultation with the UAE and US governments, Smith and G42 Chief Executive Officer Peng Xiao said in an interview.

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