Microsoft Invests $1.5 Billion in Abu Dhabi's G42 to Accelerate AI Development and Global Expansion
Microsoft Corporation (MSFT)
Last microsoft corporation earnings: 4/29 04:06 pm
Check Earnings Report
US:NASDAQ Investor Relations:
microsoft.com/en-us/investor
Company Research
Source: PR Newswire
This strategic investment will enhance the UAE's position as a global AI hub and provide further opportunities for partners and customers to innovate and grow.G42 and Microsoft will collaborate to ensure the benefits of secure AI technologies and cloud capabilities are responsibly shared with growing economies globally. Microsoft's Vice Chair and President Brad Smith will take a seat on the G42 Board.Both companies will support the establishment of a $1B fund for developers.The partnership includes a first of its kind Intergovernmental Assurance Agreement as both parties commit to world-leading standards in AI safety and security.ABU DHABI, UAE and DALLAS, April 16, 2024 /PRNewswire/ -- G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft today announced a $1.5 billion strategic investment by Microsoft in G42. The investment will strengthen the two companies' collaboration on bringing the latest Microsoft AI technologies and skilling initia
Show less
Read more
Impact Snapshot
Event Time:
MSFT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MSFT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MSFT alerts
High impacting Microsoft Corporation news events
Weekly update
A roundup of the hottest topics
MSFT
News
- Meta archnemesis turns his attention to OpenAI's ‘hallucinations' [Yahoo! Finance]Yahoo! Finance
- Election Shrinks US IPO Window Even as Listing Activity Picks Up [BNN Bloomberg (Canada)]BNN Bloomberg
- Copilot Workspace is GitHub's take on AI-powered software engineering [Yahoo! Finance]Yahoo! Finance
- Copilot Workspace is GitHub's take on AI-powered software engineering [TechCrunch]TechCrunch
- Meta archnemesis turns his attention to OpenAI's ‘hallucinations' [Fortune]Fortune
MSFT
Earnings
- 4/25/24 - Beat
MSFT
Sec Filings
- 4/26/24 - Form S-4
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- MSFT's page on the SEC website