Microsoft plans to invest $1.5 billion in G42, an artificial intelligence firm in the United Arab Emirates, the New York Times reported on Tuesday. G42 had divested its investments in China and began the lengthy task of pulling out Chinese hardware amid U.S. concerns over its relationship with Chinese businesses. Under the partnership, G42 will use Microsoft's cloud services and accede to a security arrangement negotiated in detailed conversations with the U.S. government, the newspaper said....
The venture capital arm of Italy's Cassa Depositi e Prestiti (CDP) will invest 1 billion euros ($1.1 billion) over the next five years in artificial intelligence (AI) and cybersecurity, the state lender said on Monday. The government in March had announced its intention to set up an investment fund to promote projects in the AI sector, backed by CDP, as part of its broader push, as chair of the G7, to focus on the impact of AI on jobs and inequality. CDP Venture Capital will invest 580 million...
The upcoming 2024 budget will include a $2.4-billion investment in artificial intelligence (AI), the Trudeau government recently announced. In a news release, Prime Minister Justin Trudeau said that the investment will help harness the full potential of AI by accelerating job growth in Canada’s AI sector while boosting research and business productivity through its adaptation. “AI has the potential to transform the economy,” he said. “And our potential lies in capitalizing on the...
Patrick Kane scored the shootout winner in a 5-4 Detroit win over the Montreal Canadiens in their regular-season finale Tuesday night, but the Red Wings were eliminated from playoff contention.The Red Wings entered the night tied with Washington for the East's second wild-card spot with 89 points. The Capitals, however, held the tiebreaker over Detroit with more regulations wins and clinched the final playoff spot with a 2-1 win over the Philadelphia Flyers on Tuesday.Detroit has missed the...
NEW DELHI: In a thrilling comeback, the Detroit Red Wings secured a crucial 5-4 overtime victory against the Montreal Canadiens, igniting hope for their playoff aspirations. Lucas Raymond emerged as the hero, netting his second goal of the game in the dying seconds of overtime, propelling the Red Wings to victory and keeping their postseason dreams alive. Trailing 4-1 at one point, Detroit showcased resilience and determination, staging an impressive comeback to snatch the win from the...
Memphis hosts Detroit on the hardwood on Friday. Can Pistons guard Malachi
Microsoft said Tuesday that it will invest $1.5 billion in G42, a leading United Arab Emirates AI firm.
"Io represented a big mystery because it's surface doesn't hold a record of
Microsoft is investing $1.5 billion in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser. Microsoft and the technology holding company G42 announced the deal Tuesday. As part of the agreement, Microsoft's president, Brad Smith, will join G42's board of directors.
Tarik Skubal pitched with confidence. Skubal, a hard-throwing left-hander
Detroit Red Wings scored with 3.3 ticks left in regulation and won in shootout at Montreal, but were eliminated from playoff race when Capitals won.
Microsoft will invest $1.5 billion into G42, an artificial intelligence firm based in the United Arab Emirates.