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-7.27537286286639E-05 -0.00014550745725719 -0.00058202982902876 0.00215836061598154 0.00327391778828657 0.0057475445616588 0.00790590517764033 0.0042924699890869
Stock impact report

Microsoft invests $1.5 billion in AI firm G42 which faces U.S. scrutiny for China ties [MSNBC.com]

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: MSNBC.com
In this articleMicrosoft President and Chief Legal Officer Brad Smith speaks during the annual Microsoft shareholders meeting in Bellevue, Washington on November 29, 2017.JASON REDMOND | AFP | Getty ImagesG42 will run its AI applications and services on the Microsoft Azure cloud service, as well as deploy Microsoft's cloud offerings.G42 runs data centers and sells AI applications. The company has developed an Arabic large language model called Jais, which will be offered via Azure.The deal itself is highly unusual. The commercial partnership is "backed by assurances to the U.S. and UAE governments through a first-of- its-kind binding agreement to apply world-class best practices to ensure the secure, trusted, and responsible development and deployment of AI," according to Microsoft.The U.S. and UAE governments appeared to be heavily involved in the deal."Both companies will move forward with a commitment to comply with U.S. and international trade, security, responsible AI, and busine Show less Read more
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