![MICROSOFT INVESTS $1.5 BILLION IN AI FIRM G42, OVERSEEN BY UAE'S NATIONAL SECURITY ADVISER](https://cdn.magzter.com/1400077361/1713391599/articles/57SwW6A1d1713430492811/MICROSOFT-INVESTS-15-BILLION-IN-AI-FIRM-G42-OVERSEEN-BY-UAES-NATIONAL-SECURITY-ADVISER.jpg)
Microsoft and the technology holding company G42 announced the deal Tuesday. As part of the agreement, Microsoft's president, Brad Smith, will join G42's board of directors.
The deal "was developed in close consultation with both the UAE and U.S. governments," Microsoft said.
Based in Abu Dhabi, G42 runs data centers in the Middle East and elsewhere and has increasingly identified itself as an AI firm. It has built what's considered the world's leading Arabic-language AI model, known as Jais.
Microsoft said G42 will run its AI applications and services on the U.S. tech giant's cloud computing platform, and the two companies will work to bring digital infrastructure to countries where G42 has established a presence in the Middle East, Central Asia and Africa.
G42 has previously said it would cut ties to Chinese hardware suppliers over American concerns it was too close to the Chinese government.
The company has faced spying allegations for its ties to a mobile phone app identified as spyware. It has also faced claims it could have gathered genetic material secretly from Americans for the Chinese government.
Sheikh Tahnoon bin Zayed AI Nahyan, the UAE's national security adviser, is chairman of the company's board.
The U.S. Commerce Department on Tuesday described the UAE as a “global player in cutting edge technology” and said it is working with it and other countries toward “verifiable commitments” for the safe development and deployment of such technologies.
“When responsibly managed, investments like the one announced today have the potential to further innovation in digital technologies around the world,” spokesperson Brittany Caplin said in a written statement.
This story is from the April 19, 2024 edition of AppleMagazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the April 19, 2024 edition of AppleMagazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
![APPLE BECOMES FIRST TARGET OF EU'S NEW DIGITAL COMPETITION RULES AIMED AT BIG TECH](https://reseuro.magzter.com/100x125/articles/6454/1746181/4zzGHvFom1719491287373/APPLE-BECOMES-FIRST-TARGET-OF-EUS-NEW-DIGITAL-COMPETITION-RULES-AIMED-AT-BIG-TECH.jpg)
APPLE BECOMES FIRST TARGET OF EU'S NEW DIGITAL COMPETITION RULES AIMED AT BIG TECH
European Union regulators this week leveled their first charges under the bloc’s new digital competition rulebook, accusing Apple of preventing app makers from pointing users to cheaper options outside its App Store.
![THE SUPREME COURT RULES FOR BIDEN ADMINISTRATION IN A SOCIAL MEDIA DISPUTE WITH CONSERVATIVE STATES](https://reseuro.magzter.com/100x125/articles/6454/1746181/aGAqzfEbD1719493011056/THE-SUPREME-COURT-RULES-FOR-BIDEN-ADMINISTRATION-IN-A-SOCIAL-MEDIA-DISPUTE-WITH-CONSERVATIVE-STATES.jpg)
THE SUPREME COURT RULES FOR BIDEN ADMINISTRATION IN A SOCIAL MEDIA DISPUTE WITH CONSERVATIVE STATES
The Supreme Court this week sided with the Biden administration in a dispute with Republican-led states over how far the federal government can go to combat controversial social media posts on topics including COVID-19 and election security.
![JUDGE PUTS $30 BILLION VISA, MASTERCARD SETTLEMENT ON HOLD, IN SIGNAL OF LIKELY REJECTION](https://reseuro.magzter.com/100x125/articles/6454/1746181/Aqngu7GiX1719492889515/JUDGE-PUTS-30-BILLION-VISA-MASTERCARD-SETTLEMENT-ON-HOLD-IN-SIGNAL-OF-LIKELY-REJECTION.jpg)
JUDGE PUTS $30 BILLION VISA, MASTERCARD SETTLEMENT ON HOLD, IN SIGNAL OF LIKELY REJECTION
A federal judge said she’s not likely to approve the $30 billion settlement between the payment processing giants Visa and Mastercard and the merchants who say they’ve overpaid on swipe fees.
![STILL NEED YOUR LANDLINE? CALIFORNIA REGULATORS JUST STOPPED AT&T FROM PULLING THE PLUG](https://reseuro.magzter.com/100x125/articles/6454/1746181/Xlk2mcVaI1719492738038/STILL-NEED-YOUR-LANDLINE-CALIFORNIA-REGULATORS-JUST-STOPPED-ATT-FROM-PULLING-THE-PLUG.jpg)
STILL NEED YOUR LANDLINE? CALIFORNIA REGULATORS JUST STOPPED AT&T FROM PULLING THE PLUG
California’s Public Utilities Commission rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.
![PEACE (AND PIECES) OF MIND 'INSIDE OUT 2'](https://reseuro.magzter.com/100x125/articles/6454/1746181/mYSnyEL4_1719492455206/PEACE-AND-PIECES-OF-MIND-INSIDE-OUT-2.jpg)
PEACE (AND PIECES) OF MIND 'INSIDE OUT 2'
Sequels have been a touchy subject when it comes to Pixar, but it’s hard to deny the natural premise of “Inside Out 2.”
![SOUTHWEST AIRLINES SAYS A KEY MEASURE OF PRICING POWER WILL BE WEAKER THAN EXPECTED IN 20](https://reseuro.magzter.com/100x125/articles/6454/1746181/b_AzstMZp1719492302348/SOUTHWEST-AIRLINES-SAYS-A-KEY-MEASURE-OF-PRICING-POWER-WILL-BE-WEAKER-THAN-EXPECTED-IN-20.jpg)
SOUTHWEST AIRLINES SAYS A KEY MEASURE OF PRICING POWER WILL BE WEAKER THAN EXPECTED IN 20
Southwest Airlines, already under pressure from a hedge fund for disappointing financial results, said Wednesday that a key revenue ratio will be weaker than expected because of changes in how consumers book travel.
![GM BRINGS IN NEW CEO TO STEER TROUBLED CRUISE ROBOTAXI SERVICE WHILE WAYMO RAMPS UP IN SAN FRANCISCO](https://reseuro.magzter.com/100x125/articles/6454/1746181/b_ssgxv0O1719492066689/GM-BRINGS-IN-NEW-CEO-TO-STEER-TROUBLED-CRUISE-ROBOTAXI-SERVICE-WHILE-WAYMO-RAMPS-UP-IN-SAN-FRANCISCO.jpg)
GM BRINGS IN NEW CEO TO STEER TROUBLED CRUISE ROBOTAXI SERVICE WHILE WAYMO RAMPS UP IN SAN FRANCISCO
General Motors this week named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover from a gruesome collision that triggered the suspension of its California license.
![CAR DEALERSHIPS ARE BEING DISRUPTED BY A MULTI-WEEK OUTAGE AFTER CYBERATTACKS ON SOFTWARE SUPPLIER](https://reseuro.magzter.com/100x125/articles/6454/1746181/H-PXcv2kW1719491854532/CAR-DEALERSHIPS-ARE-BEING-DISRUPTED-BY-A-MULTIWEEK-OUTAGE-AFTER-CYBERATTACKS-ON-SOFTWARE-SUPPLIER.jpg)
CAR DEALERSHIPS ARE BEING DISRUPTED BY A MULTI-WEEK OUTAGE AFTER CYBERATTACKS ON SOFTWARE SUPPLIER
Car dealerships across North America have faced major disruptions.
![ROBINHOOD CEO DISCUSSES THE BROKERAGE'S EVOLUTION LEADING UP TO ANOTHER RIDE ON THE MEME STOCK WAVE](https://reseuro.magzter.com/100x125/articles/6454/1746181/RdZ1OKh121719491537704/ROBINHOOD-CEO-DISCUSSES-THE-BROKERAGES-EVOLUTION-LEADING-UP-TO-ANOTHER-RIDE-ON-THE-MEME-STOCK-WAVE.jpg)
ROBINHOOD CEO DISCUSSES THE BROKERAGE'S EVOLUTION LEADING UP TO ANOTHER RIDE ON THE MEME STOCK WAVE
Meme stocks like GameStop are hot again, reviving memories of early 2021 when they turned into a craze that ended up burning many investors along with Robinhood Markets.
![FACIAL RECOGNITION STARTUP CLEARVIEW AI SETTLES PRIVACY SUIT](https://reseuro.magzter.com/100x125/articles/6454/1746181/8X9HOkPaK1719491116840/FACIAL-RECOGNITION-STARTUP-CLEARVIEW-AI-SETTLES-PRIVACY-SUIT.jpg)
FACIAL RECOGNITION STARTUP CLEARVIEW AI SETTLES PRIVACY SUIT
Facial recognition startup Clearview AI reached a settlement in an Illinois lawsuit alleging its massive photographic collection of faces violated the subjects’ privacy rights, a deal that attorneys estimate could be worth more than $50 million.