US EditionMicrosoft Unveils $15.2 Billion AI Investments in UAE
The investment includes building data centers, exporting over 60,400 advanced Nvidia chips, and training 1 million people to support UAE's AI and cloud ambitions.
- On Monday, US tech giant Microsoft announced $15.2 billion in new AI and cloud investments in the United Arab Emirates, committing the spending through 2029.
- Following its regional playbook, Microsoft increased UAE involvement from 2023 to the end of this year, making an equity investment that placed Microsoft President Brad Smith on Abu Dhabi's G42 board last year.
- Infrastructure plans include exporting advanced Nvidia GPUs, building data centres in the UAE and training 1 million people, supported by licenses for over 60,400 A100-class chips.
- Microsoft signed a deal with ADNOC to develop AI agents for energy and pledged another $7.9 billion by 2030; Smith said, `It’s money we’re spending in the UAE.'
- The Biden administration had approved shipments equal to 21,500 A100 GPUs, while the Trump administration recently approved shipments worth several billion dollars to the UAE.
20 Articles
20 Articles
Abu Dhabi, United Arab Emirates. Microsoft announced on Monday a series of investments worth $15.2 billion, essentially in artificial intelligence (AI), in the United Arab Emirates until 2029, and claimed to have obtained a license to import advanced chips into the Gulf country.The US technology giant has invested $7.3 billion in the country since 2023, as part of an initiative supported by the governments of the United States and the United Ara…
Tahnon bin Zayed, the country's security adviser, said that the goal is, between 2026 and 2029, to invest about EUR 6.8 billion in artificial and cloud intelligence infrastructures.
Microsoft Moves Billions to UAE After U.S. OKs Chip Exports
Microsoft announced that it is investing $7.9 billion in the United Arab Emirates (UAE) between 2026 and 2029 following approval from the United States to ship Nvidia AI chips to the UAE. “This is not money raised in the UAE. It’s money we’re spending in the UAE,” Microsoft said in its announcement of the investment. “And as we do everywhere in the world, we’re focused not just on growing our business but also on contributing to the local econom…
Microsoft’s UAE investment to total $15.2 billion by end of 2029
CNN’s Becky Anderson is at ADIPEC, the UAE’s annual energy conference, where AI investment has taken center stage with a new announcement by Microsoft to invest $15.2 billion in the UAE’s AI vehicle G42 by 2029. She asks the CEO of SandboxAQ, a Quantum AI start up funded in part by NVIDIA and Google, about the surge in AI investments this year.
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