The US government has approved the export of advanced AI chips to Microsoft’s facilities in the UAE, strengthening its collaboration with UAE AI company G42. Earlier this year, Microsoft invested $1.5 billion in G42, gaining a minority stake and a seat on the board of directors. Under the deal, G42 will use Microsoft’s cloud services to power its AI applications. G42 stakeholders include Abu Dhabi sovereign wealth fund Mubadala Investment Company, the UAE royal family and US private equity firm Silver Lake.
