Microsoft invests $1.5B in UAE-based AI company
by Mobile World Live
Mobile World Live— Microsoft laid out $1.5 billion for a stake in UAE-based G42 in a deal that gave the tech giant a seat on the AI company’s board.
Neowin—The Coca-Cola Company plans to spend $1.1 billion to use Microsoft's cloud and AI services. Microsoft has announced a new five-year deal with The Coca-Cola Company, which plans to spend a total of $1.1 billion during that time to access Microsoft's cloud and generative AI services.
ETtech.com—Microsoft to invest $1.7 billion in cloud, AI in Indonesia, CEO says. Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud and artificial intelligence, including by building data centres, visiting chief executive Satya Nadella said in a seminar on Tuesday.
Tech Times—Coca-Cola to Use Microsoft's AI Services After $1.1 Billion Deal. The new Coca-Cola $1.1 billion deal looks to incorporate Microsoft's AI in potentially improving its beverage-making services.