G42, a UAE-based AI company, is partnering with U.S. chipmaker Nvidia to develop AI solutions for improving global weather forecasting, with plans to establish a climate tech lab in Abu Dhabi.
Microsoft’s $1.5 billion investment in G42 and the formation of AI centers in Abu Dhabi. UAE President Sheikh Mohammed bin Zayed will meet President Biden to discuss security and technology cooperation, especially in AI development.
The collaboration aims to aligns with the UAE’s goal of diversifying its economy beyond oil by investing heavily in AI. In the collaborations between UAE companies and U.S. firms, including a $1.5 billion investment by Microsoft in G42 and the creation of AI centers in Abu Dhabi. Another investment involves MGX joining Microsoft and BlackRock in a $30 billion fund focused on AI infrastructure. However, there is concern in Washington that the UAE could become a channel for advanced U.S. AI technology to reach China, led the U.S. to impose restrictions on AI chip exports to the region last year. UAE President Sheikh Mohammed bin Zayed Al Nahyan’s upcoming visit to Washington to meet U.S. President Joe
Biden and discuss Middle East regional security issues as well as advanced technology and AI development, the White House said. He is also set to meet with Vice President Kamala Harris as well as business executives, Anwar Gargash, diplomatic adviser to the UAE’s, main focus of the visit would be economy and cooperation in fields such as AI.