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Data Center News > Blog > Investments > Microsoft expands G42 partnership with $1.5 billion investment
Investments

Microsoft expands G42 partnership with $1.5 billion investment

Last updated: April 22, 2024 1:46 am
Published April 22, 2024
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G42’s China market pivot

The industrial partnership between Microsoft and G42, based on the joint assertion, is backed by assurances to each governments via a first-of-its-kind settlement to use accountable growth and deployment of AI.

“Each firms will transfer ahead with a dedication to adjust to US and worldwide commerce, safety, accountable AI, and enterprise integrity legal guidelines and rules,” the businesses stated, including that the work on these matters is ruled by an in depth Intergovernmental Assurance Settlement (IGAA) between G42 and Microsoft that was developed in shut session with each the UAE and US governments.

The truth that G42 has agreed to adjust to US commerce rules and the timing of the funding may spark speculations that G42’s pivot from the Chinese language market could possibly be behind the deal.

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See also  Morocco Data Center Market Investment to Reach $51 Million
TAGGED: billion, expands, G42, Investment, Microsoft, partnership
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