Microsoft offers $1.5 billion to G42, an AI company
By MYBRANDBOOK
With Brad Smith joining the board, Microsoft announced a $1.5 billion (₹11,082.75 crore) investment in G42, a leading AI company in the United Arab Emirates. The action expands the Microsoft-G42 collaboration and is in line with consultations with the US and UAE governments. Last year, an agreement was made through the US Commerce Department, following discussions between the US government and G42 about American technology.
This development follows discussions between the US government and G42, where G42 agreed to shift its focus from China toward American technology.
Under the agreement with the US government, G42 is committed to reducing its operations in China.
G42, a leader in the UAE's AI sector, operates businesses ranging from cloud computing to autonomous vehicles.
The company is part of Sheikh Tahnoon bin Zayed Al Nahyan's $1.5 trillion empire.
In the next phase of the deal, Microsoft intends to host some of its applications in G42's data centers.
This partnership will be leveraged to serve customers in Africa and Central Asia.
Google Pay has added "Open Wallet" shortcut
With the introduction of the "Open Wallet" shortcut, Google Pay has impro...
TRAI targets to finalise National Broadcast Policy by May-end
The Telecom Regulatory Authority of India will finalise the National Broa...
TAC Security becomes Cyber Security Assessor for the App Defen
The cybersecurity company, TAC Security has been selected as a key Cyber ...
InterGlobe’s Rahul Bhatia and C.P. Gurnani together announce
In a move that is set to transform the AI landscape, Rahul Bhatia, Group M...
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
QUICK HEAL TECHNOLOGIES PVT. Ltd.
OPTIEMUS INFRACOM
AMARA RAJA POWER SYSTEMS LTD.
Technology Icons Of India 2023: Dr. P D Vaghela
Dr PD Vaghela serves as the Chairperson of Telecommunications Regulato...
Technology Icons Of India 2023: Debjani Ghosh
Debjani Ghosh is the first woman president of NASSCOM (the umbrella bo...
Technology Icons Of India 2023: Anil Kumar Aggarwal
Anil Agarwal is an Indian billionaire businessman who is the founder a...
HPCL is transforming the energy landscape, across the nation and beyond
HPCL is world-class energy company known for caring and delighting the...
RailTel connecting every corner of India
RailTel is an ICT provider and one of the largest neutral telecom infr...
NPCI leading India towards Digital payments
The National Payments Corporation of India (NPCI) is an initiative tak...
INGRAM MICRO INDIA PVT. LTD.
Ingram Micro India, a large national distributor offers a comprehensiv...
TEXONIC INSTRUMENTS
Texonic has carved a niche for itself in the Technology Distribution i...
WPG C&C COMPUTERS & PERIPHERALS PVT. LTD.
WPG C&C Computers & Peripherals (India) was incorporated in 2008 and ...