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Microsoft to invest $1.5bn in Abu Dhabi AI group G42

Agreement is latest move by US tech group to extend its reach into fast-growing sector
Left to right: Brad Smith, vice-chair and president of Microsoft; Sheikh Tahnoon bin Zayed al-Nahyan, chair of G42; and Peng Xiao, group chief executive of G42

Microsoft has agreed to invest $1.5bn in Abu Dhabi artificial intelligence group G42, its latest big bet on the technology that underscores deepening collaboration between the US and United Arab Emirates.

The agreement gives Microsoft a minority stake in G42, and its vice-chair and president Brad Smith will have a seat on its board. It comes after G42 severed its links to Chinese hardware suppliers, which had been the subject of scrutiny by US lawmakers.

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