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Abu Dhabi artificial intelligence and cloud company G42 has received a $1.5 billion investment from Microsoft, which will help to further boost G42’s global expansion plans and strengthen the UAE’s position as a global technology hub.
The expanded partnership will also include the creation of a $1 billion fund to support developers aimed at enhancing the Middle East’s technology talent pool, the companies said in a joint statement on Tuesday.
“Microsoft’s investment in G42 marks a pivotal moment in our company’s journey of growth and…