$1.5 billion.
That’s how much Microsoft (NASDAQ: MSFT) is investing in a little-known Emirati AI company.
It’s a high stakes play aimed at securing influence in the Persian Gulf.
Go here for my top 5 AI stocks to BUY NOW.
The name of the company is G42.
It’s an AI giant in the United Arab Emirates.
The new deal has been largely orchestrated by the Biden administration to box out China of its tech influence in the Persian Gulf.
Under the partnership, Microsoft will give G42 permission to sell Microsoft services that use powerful AI chips.
And in return, G42 will use Microsoft’s cloud services and have access to a security arrangement negotiated with US government.
As Microsoft’s president said, this is a highly unusual deal.
It underscores how the AI race is not only being fought between tech giants…
But between governments too.
Meanwhile, thanks to a NEW wave of investments in AI…
There’s a huge opportunity for investors who jump into the right trades right now.
That’s why I’m sharing my top 5 picks in a FREE report.
Simply click here ASAP to download it for free – with no strings attached.
Ian Wyatt
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