Tag: g42

AI roundup [April 16]: UK to develop AI regulations, Microsoft invests $1.5 billion in G42, more
Technology

AI roundup [April 16]: UK to develop AI regulations, Microsoft invests $1.5 billion in G42, more

[ad_1] AI roundup, April 16: The United Kingdoms in all aboard to draft country's AI regulations on powerful tools such as OpenAI's ChatGPT. The regulation will be set to restrict or eliminate the potential harm of the emerging technology. In other news, Microsoft will be investing $1.5 billion in a United Arab Emirates-based artificial intelligence company named G42. The partnership is approved by the U.S. and UAE governments. Check out similar AI news from today.1. UK has started to develop AI regulations to eliminate the risksThe UK has started to draft its AI regulation which will be applied to the new emerging technologies and large language models. These regulations will also be enforced on the current and future AI tools. These AI regulations are expected to eliminate the potenti...
Microsoft announces plans to invest $1.5 billion in AI firm G42 for responsible AI development
Technology

Microsoft announces plans to invest $1.5 billion in AI firm G42 for responsible AI development

[ad_1] Expanding its artificial intelligence (AI) push, Microsoft has announced that it will be investing $1.5 billion in United Arab Emirates-based artificial intelligence firm G42, giving the U.S. giant a minority stake and a board seat, allowing the two to deepen ties amid the global battle for tech dominance. AI has become the buzzword of the last few years, with companies around the world competing to leverage this technology. As part of the deal, which the two companies said was backed by assurances to the U.S. and UAE governments over security, G42 would use Microsoft cloud services to run its AI applications, according to Reuters.AI partnershipThe partnership comes amid Washington's efforts to hobble Beijing's technological advances, with the United States adding four Chinese co...