https://adgully.me/post/6269/microsoft-invests-15-billion-in-abu-dhabis-g42-for-ai-growth

Microsoft invests $1.5 billion in Abu Dhabi's G42 for AI growth

 G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft today announced a $1.5 billion strategic investment by Microsoft in G42. The investment will strengthen the two companies' collaboration on bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other countries around the world. As part of this expanded partnership Brad Smith, Vice Chair and President of Microsoft, will join the G42 Board of Directors. This expanded collaboration will empower organizations of all sizes in new markets to harness the benefits of AI and the cloud while ensuring they are adopting AI that adheres to world-leading standards in safety and security.Building on the two organizations' long-standing collaboration in AI and digital transformation initiatives, Microsoft's investment deepens the reciprocal commitment to this strategic partnership. G42 will run its AI applications and services on Microsoft Azure and partner to deliver advanced AI solutions to global public sector clients and large enterprises. G42 and Microsoft will also work together to bring advanced AI and digital infrastructure to countries in the Middle East, Central Asia, and Africa, providing these nations with equitable access to services to address important governmental and business concerns while ensuring the highest standards of security and privacy.  H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of G42, said: "Microsoft's investment in G42 marks a pivotal moment in our company's journey of growth and innovation, signifying a strategic alignment of vision and execution between the two organizations. This partnership is a testament to the shared values and aspirations for progress, fostering greater cooperation and synergy globally." The partnership will also support the development of a skilled and diverse AI workforce and talent pool that will drive innovation and competitiveness for the UAE and broader region with the investment of $1B in a development fund for developers. "Our two companies will work together not only in the UAE, but to bring AI and digital infrastructure and services to underserved nations," said Brad Smith, Microsoft Vice Chair and President. "We will combine world-class technology with world-leading standards for safe, trusted, and responsible AI, in close coordination with the governments of both the UAE and the United States."  The commercial partnership is backed by assurances to both governments through a first of its kind 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 and elevate the security and compliance framework of their joint international infrastructure. Both companies will move forward with a commitment to comply with US 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 (IGAA) between G42 and Microsoft that was developed in close consultation with both the UAE and US governments. Peng Xiao, Group Chief Executive Officer of G42, said: "Through Microsoft's strategic investment, we are advancing our mission to deliver cutting-edge AI technologies at scale. This partnership significantly enhances our international market presence, combining G42's unique AI capabilities with Microsoft's robust global infrastructure. Together, we are not only expanding our operational horizons but also setting new industry standards for innovation." Samer Abu-Ltaif, Microsoft Corporate Vice President and President, Central and Eastern Europe, Middle East and Africa, added: "Our investment in G42 stands as a testament to the thriving and dynamic tech landscape in the UAE and the broader region. This strategic partnership is well-positioned to ignite opportunities for our customers and partners, accelerate innovation, and fuel economic growth. With G42, we will introduce cutting-edge technologies that will empower countries and markets to advance their digital agendas by harnessing the power of Cloud and AI." The collaboration between G42 and Microsoft has expanded through several milestones over the last year. This includes a joint plan announced in April 2023 to develop AI solutions tailored for the public sector and industry, leveraging Microsoft's extensive partner ecosystem and cloud capabilities. In September 2023, the companies entered into an agreement to introduce sovereign cloud offerings and collaborate on unlocking the potential of advanced AI capabilities on the Azure public cloud platform. Lastly, in November 2023, Microsoft announced the availability of G42's Jais Arabic Large Language Model on the new Azure AI Cloud Model-as-a-Service offering. 
https://adgully.me/post/4667/microsoft-unveils-path-to-accelerating-sustainability-with-ai-in-the-middle-east

Microsoft unveils path to accelerating sustainability with AI in the Middle East

Dubai, United Arab Emirates – Microsoft has released a whitepaper titled "Accelerating Sustainability with AI: A Playbook" ahead of the 28th Conference of the Parties (COP28), taking place at Expo City in Dubai from November 30th to December 12th. The playbook outlines a comprehensive strategy for governments, businesses, and civil society organizations to leverage artificial intelligence (AI) in propelling the transition to a net-zero, climate-resilient, and nature-positive future.Commenting on the release of the paper, Samer Abu-Ltaif, CVP and President of Central and Eastern Europe, Middle East and Africa (CEMA) at Microsoft said, “Climate change is the defining issue of our generation, impacting our communities and natural environment like never before. We are at a critical moment for environmental sustainability, and it is vital that government leaders, businesses, and civil society work hand in hand and use every tool available to us, including AI. In line with our commitment to share our learnings, innovations, and best practices with decision-makers, researchers, data scientists, developers, and others, we hope this will serve as an important resource and a catalyst for how to unlock the full potential of AI for a sustainable future."The playbook highlights the three unique, and most crucial abilities, that AI possesses for overcoming bottlenecks that exist on the path to net zero. This includes the ability to discern patterns, predict outcomes, and optimize performances in complex systems; the ability to accelerate the discovery and development of solutions like low-carbon materials, and climate-resilient crops; and finally the ability empower the sustainability workforce of the future.Juan M. Lavista Ferres, Vice President and Chief Data Scientist of the AI for Good Lab at Microsoft – and one of the authors of “Accelerating Sustainability with AI: A Playbook,” - noted that while AI is already contributing to sustainability-related discoveries, its true transformative potential is only just beginning to be realized. “The challenge now is to prime the global technology, energy, and policy landscape to encourage AI innovation. This will enable the deployment of solutions that accelerate decarbonization, which will enable the development of even more sustainable AI operations, and in turn, can enable AI to scale the deployment of more sustainability solutions. It is a continuous cycle of innovation and progress.”Microsoft’s playbook offers a five-point approach to help achieve this continuous cycle which includes: investing in AI to accelerate sustainability solutions; developing digital and data infrastructure for the inclusive use of AI for sustainability; minimizing resource use in AI operations; advancing AI policy principles and governance for sustainability; and building workforce capacity to use AI for sustainability.Microsoft will showcase the playbook at COP28, where the company is participating as a Climate Supporter and Climate Innovator partner in a dedicated booth, along with 20 of its global partners. The company will showcase how its Microsoft Cloud for Sustainability suite is building AI into many of its products and solutions to help customers make more impactful decisions toward net-zero goals. It will also unveil how its AI for Earth and AI for Good programs are helping to place the latest AI technologies into the hands of changemakers globally, who are developing innovative solutions to address many environmental challenges.Discover Microsoft's latest sustainability innovations at Booth #70 in Hall 1 at the Technology and Innovation Hub in the Green Zone. To learn more about the insights in Microsoft’s AI playbook, click here.