Get the latest tech news
Microsoft’s $1.5B investment in G42 signals growing US-China rift
As the Gulf region gains growing strategic importance for the tech war between the U.S. and China, Microsoft makes a big move into one of its richest oil
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’ ambition to be a global leader in artificial intelligence. In January, the bipartisan-select House Select Committee on the Chinese Communist Party sent a letter to Commerce Secretary Gina Raimondo calling for the inclusion of G42 on the Entity List, which would bar the Emirati company from accessing sensitive U.S. technologies. According to the announcement, this “commercial partnership is backed by assurances to the U.S. and UAE governments through a first-of-its-kind binding agreement to apply world-class best practices to ensure the secure, trusted, and responsible development and deployment of AI.”
Or read this on TechCrunch
