Microsoft has announced a strategic investment in G42, a leading AI company in the UAE, to co-innovate and deliver advanced AI solutions with Microsoft Azure for various industries and markets across the Middle East, Central Asia and Africa.
Microsoft will invest $1.5 billion in G42 for a minority stake in the company with Brad Smith, Microsoft Vice Chair and President, joining G42’s board of directors — strengthening the long-standing collaboration and mutual synergies between the two companies. With the breadth of the Microsoft Cloud and its differentiated AI capabilities, the deal significantly advances G42’s strategy of delivering generative AI and next-generation infrastructure and services for a range of customers across financial services, healthcare, energy, government and education.
The 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. Microsoft and G42 will work closely together to elevate the security and compliance framework of their joint international infrastructure. Both companies will move forward with a commitment to comply with U.S. and international trade, security, responsible AI, and business integrity laws and regulations. The work on these topics is governed by a detailed Intergovernmental Assurance Agreement between G42 and Microsoft that was developed in close consultation with both the UAE and U.S. governments.
Foundational to the partnership is G42’s trust and commitment in Microsoft’s cloud platform. G42 will expand its existing commitment to deploying Microsoft Cloud offerings, demonstrating confidence in Microsoft as its preferred partner to enhance services and deliver value-added solutions to its customers. With the partnership, G42’s data platform and other essential technology infrastructure will migrate to Microsoft Azure to benefit from industry-leading performance, scalability and security capabilities. Migrating to Azure will also support AI product development that allows G42 to create services that can scale to achieve faster delivery times for its customers globally. Together, we look forward to accelerating AI transformation in emerging markets and advancing equitable growth in AI globally.
