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MICROSOFT INVESTMENT UAE
'The Donald of Dubai': UAE billionaire close to Trump bets $66 billion on AI to become the world's data kingUAE real estate magnate Hussain Sajwani is investing billions in data centers to capitalize on the AI boom, aiming for global leadership. H...- Institutional investors flocked to establish new stakes in semiconductor firms in first quarterInstitutional investors actively bought shares in semiconductor companies such as Micron and Intel during the first quarter. This move posi...
- Microsoft's African data center falters on payment demands, Bloomberg News reportsMicrosoft's planned data center in Kenya faces delays. Disagreements with the Kenyan government over guaranteed payments have stalled the p...
- US stock market crashes today: What’s happening with Dow Jones, S&P 500 and Nasdaq as $200 billion vanishes in minutes from US stocks - Dow plunges 565 points, all sectors sink while oil surges with WTI up 3.4% and Brent jumping 5%US stock market crashes today. Investors are asking what’s happening with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. ...
- Global Market Today: Asian stocks drop at open, Brent snaps advancesAsian stocks opened lower, mirroring a tech selloff on Wall Street driven by concerns over AI investment returns ahead of key earnings. Tre...
- Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infraRecent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global ...
- AWS, Microsoft Azure may reroute West Asia data centre workload to IndiaOn March 2, two Amazon Web Services (AWS) data centres in the United Arab Emirates and one in Bahrain were struck by drones, hitting local ...
- Iran-Israel war: Amazon cloud unit flags issues at Bahrain, UAE data centers amid Iran strikesIran-Israel war: Amazon’s cloud unit, AWS, faced connectivity problems on Monday at its data centres in Bahrain and the UAE. In the UAE, on...
- Escalating tensions turn spotlight on Big Tech's AI investments in Middle EastMiddle Eastern nations are pouring billions into AI and technology. This includes significant investments from tech giants like Microsoft, ...
- Amazon AWS UAE data centre reports fire after 'objects hit', power connection stopped as Dubai, Abu Dhabi pounded by Iran strikesAmazon's cloud services in the UAE and Bahrain faced disruptions on Monday. This followed a fire at an Amazon data center in the UAE on Sun...
- Microsoft to invest over $15 billion in UAE, secures US export licenses for AI chipsMicrosoft plans to invest over $15 billion in the United Arab Emirates in the seven years to the end of 2029 and has secured export license...
- OpenAI signs $300 billion data center pact with tech giant OracleOpenAI previously said it had reached a deal with Oracle to build massive AI data centers in the United States as part of what it calls Pro...
- Nvidia overtakes Microsoft to become world’s most valuable companyNvidia gained 0.9% on Tuesday and has surged over 45% since its April low, boosting its market value to $3.45 trillion, just ahead of Micro...
- Microsoft to launch 'responsible AI' foundation in Abu DhabiAmerican tech giant Microsoft said Sunday that it would open a foundation to promote "responsible" artificial intelligence (AI) in the Unit...
- Advanced AI chips cleared for export to UAE under Microsoft dealThe US government has authorised the export of advanced artificial intelligence chips to a Microsoft-operated facility in the United Arab E...
- UAE's AI firm G42 and Nvidia to team up on climate techThe UAE, led by government-backed G42, is investing heavily in AI to help diversify its economy away from oil and UAE-based companies have ...
- Abu Dhabi-based G42 to double data centre capacity in IndiaG42 will invest in the project which was part of the Memorandum-of-Understanding (MoU) signed between the two government back in February 2...
- US Republican lawmakers concerned over Microsoft-G42 AI deal, letter saysMichael McCaul and John Moolenaar of the House Foreign Affairs and Select Committee on China request a briefing on Microsoft's $1.5 billion...
- Microsoft's UAE deal could transfer key US chips and AI technology abroadMicrosoft President Brad Smith revealed details of a deal with UAE-backed AI firm G42, potentially transferring AI technology components li...
- UAE aims for 20 $1 bln startups by 2031, says ministerThe United Arab Emirates aims to become home to 20 startups worth more than $1 billion each, known as 'unicorns', in the next decade, its M...
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