Smart Money
Microsoft to invest $1.5 billion in Abu Dhabi’s G42
The deal gives Microsoft a minority stake in the artificial intelligence firm chaired by Sheikh Tahnoon bin Zayed
Emirates News Agency
IHC Chairman Sheikh Tahnoon bin Zayed with Microsoft President Brad Smith and G42 CEO Peng Xiao at $1.5 billion deal signing in April 2024
Add The Circuit on GoogleMicrosoft will invest $1.5 billion in Abu Dhabi artificial intelligence firm G42, providing one of the biggest inbound investments from an outside player yet and lending credibility to the UAE’s ambitions to become a world-leading technology hub.