U.S. tech giant Microsoft has announced the launch of a new fund dedicated to advancing responsible artificial intelligence (AI) development in Abu Dhabi, United Arab Emirates.
The announcement came just a day before the AI Summit in Paris, where Microsoft emphasized that the initiative aims to strengthen responsible AI standards and implement best practices across the Middle East and globally.
The project will be carried out in collaboration with UAE-based AI company G42 and Mohamed bin Zayed University of Artificial Intelligence. Microsoft had previously disclosed a $1.5 billion investment in G42 in April 2024, as reported by Agence France-Presse.
Mohamed bin Zayed University of Artificial Intelligence has played a pivotal role in various initiatives launched during the Global AI Summit held in Paris on Monday and Tuesday. The summit brought together political leaders, business executives, and AI experts to discuss the future of AI technologies.
These efforts have gained support from the U.S.-based Future of Life Institute, a research organization that has frequently warned about the risks associated with AI development. The initiative is part of the “Global Preparedness for AI Risks and Safety” program.
The UAE aspires to be a global leader in AI, demonstrated by its numerous collaborative projects with France in the field. In line with this ambition, the École Polytechnique in Paris has announced a research partnership with Mohamed bin Zayed University of Artificial Intelligence.
Additionally, UAE President Mohamed bin Zayed Al Nahyan signed an agreement with French President Emmanuel Macron last Thursday to establish a vast AI-dedicated complex and data center, with investments reaching €50 billion.
