PYMNTS-MonitorEdge-May-2024

G42

Microsoft and G42 Team on $1 Billion Kenya Data Center
Microsoft and G42 Team on $1 Billion Kenya Data Center
May 22, 2024  |  Technology

Microsoft and AI company G42 have teamed to build a $1 billion Kenya-based data center. The collaboration, according to a Wednesday (May 22) news release, marks the largest digital...

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Report: US Looks to Forge AI Partnerships With UAE
Report: US Looks to Forge AI Partnerships With UAE
April 21, 2024  |  artificial intelligence

The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE,...

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Microsoft Invests $1.5 Billion in UAE AI Firm G42
Microsoft Invests $1.5 Billion in UAE AI Firm G42
April 16, 2024  |  Investments

Microsoft has invested $1.5 billion in Abu Dhabi-based artificial intelligence (AI) firm G42. The investment is the latest in a series of collaborations for the company and...

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UAE Launches Bilingual Gen AI Named Jais
UAE Launches Bilingual Gen AI Named Jais
August 31, 2023  |  artificial intelligence

Today’s large language models (LLMs) aren’t actually trained on that large a set of languages. For the most part, the vernacular vehicle underlying the generative...

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EMEA Daily: AI Firm G42 Launches $10B Technology Fund; VertoFX Acquires Innovation Studio Locusnine
EMEA Daily: AI Firm G42 Launches $10B Technology Fund; VertoFX Acquires Innovation Studio Locusnine
August 18, 2022  |  International

Today in Europe, the Middle East and Africa (EMEA) news, G42 has partnered with the Abu Dhabi Growth Fund (ADG) to launch a $10 billion...

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AI Firm G42 Launches $10B Technology Fund
AI Firm G42 Launches $10B Technology Fund
August 18, 2022  |  Startups

G42, an artificial intelligence (AI) and cloud computing firm based in the United Arab Emirates, has launched a $10 billion fund to invest in late-stage...

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