TECH - Microsoft's $1B Project With UAE Artificial Intelligence Giant Comes Under National Security Scanner | Benzinga
The $1 billion AI project between Microsoft Corporation (NASDAQ:MSFT) and United Arab Emirates AI holding company G42 in Kenya has come under the scanner due to national security concerns.
What Happened: The deal, which was announced in May, was brokered with the involvement of the U.S. and UAE governments.
It was perceived as a potential model for similar collaborations aimed at extending the U.S.’s political and economic reach in the Global South. However, the reliance on Microsoft, G42, and the Emirati government has sparked national security concerns in Washington, reported Bloomberg.
The crux of the partnership is Microsoft’s agreement to invest $1.5 billion in G42, provided G42 severs its ties with Chinese companies. Despite ...