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The United Arab Emirates on Monday announced the arrests of three Uzbek nationals in connection with the kidnapping and murder of an Israeli-Moldovan rabbi, an attack that raised alarm over the safety of the small Jewish community in the country. A statement from the U.A.E.’s interior ministry named the suspects in the abduction and death of Zvi Kogan as Olimboy Tohirovich, Makhmudjon Abdurakhim, both 28, and Azizbek Kamilovich, 33. and included photos of them blindfolded and handcuffed. Emirati authorities said they were still working to uncover the circumstances and motives of the crime. Israeli Prime Minister Benjamin Netanyahu called the murder “an abhorrent antisemitic terrorist attack.”Image Zvi Kogan, an Israeli-Moldovan rabbi whose body was found on Sunday, was part of the small Jewish community in the United Arab Emirates. Israeli news outlets have reported that his car was found abandoned in Al Ain, a city in the adjacent emirate of Abu Dhabi, on the border with Oman.
Persons: Zvi Kogan, Olimboy, Makhmudjon Abdurakhim, Azizbek Kamilovich, Benjamin Netanyahu, Rabbi Kogan Organizations: United, United Arab Emirates, Monday, Moldovan, Credit, UGC Locations: United Arab, Israeli, Dubai, Al Ain, Abu Dhabi, Oman
A missing Israeli-Moldovan rabbi has been found dead in the United Arab Emirates, in what Israel called an antisemitic murder on Sunday. The Israeli government said the death of Rabbi Zvi Kogan, who has been missing in the Gulf state since Thursday, was a "criminal antisemitic terrorist event." A man walks past Rimon Market, a Kosher grocery store managed by the late Rabbi Zvi Kogan, in Dubai, United Arab Emirates, on Sunday. The United Arab Emirates government gave no immediate comment or acknowledgment that Kogan had been found dead. Jamshid Sharmahd, an Iranian-German software developer living in California, was kidnapped in 2020 during a stopover in the United Arab Emirates and taken to Iran.
Persons: Rabbi Zvi Kogan, Benjamin Netanyahu, , ” Chabad, , Jon Gambrell, Isaac Herzog, Kogan, Zvi Kogan, Jamshid Sharmahd, Netanyahu’s Organizations: Moldovan, United Arab, Chabad Lubavitch, Jewish, Lubavitch, Israel’s National Security Bureau, Sunday, United Arab Emirates, Emirati Interior Ministry, NBC News, UAE's Ministry of Foreign Affairs, Israel, The UAE Locations: United Arab Emirates, Israel, Gulf, Abu Dhabi, New York, UAE, Dubai, Iran, Gaza, Lebanon, The, Iranian, California
An Israeli rabbi in the United Arab Emirates who had been missing since Thursday has been found dead, the Israeli authorities announced early Sunday. Israeli officials said the rabbi, Zvi Kogan, had been murdered and called his death an act of terrorism, without providing any further details. The Emirati authorities — who on Saturday said officials were investigating the rabbi’s disappearance — did not immediately comment on his death. But a senior official stressed on Sunday that the Emirates was a safe place, without explicitly mentioning Rabbi Kogan. will remain a safe haven, an oasis of stability, a society of tolerance and coexistence,” Anwar Gargash, a diplomatic adviser to the Emirati president, wrote on social media.
Persons: Zvi Kogan, , Rabbi Kogan, , ” Anwar Gargash Organizations: United Arab Emirates, Emirates
DUBAI, United Arab Emirates — An Israeli-Moldovan rabbi living in the United Arab Emirates has gone missing, with Israeli authorities raising the suspicion Saturday he may have been kidnapped as tensions remain high with Iran. Israeli media citing unnamed security sources reported that Zvi Kogan, who has been missing since noon Thursday, may have been kidnapped. Western officials believe Iran runs intelligence operations in the UAE and keeps tabs on the hundreds of thousands of Iranians living across the country. Iran also kidnapped Iranian-German Jamshid Sharmahd in 2020 from Dubai, taking him back to Tehran where he was executed in October. However, the Mideast wars have sparked deep anger among Emiratis, Arabs and others living in the UAE.
Persons: Zvi Kogan, Kogan, , Abbas Yazdi, Jamshid Sharmahd, Emiratis Organizations: United Arab Emirates —, United Arab, Local, UAE, Ben Gurion International Locations: DUBAI, United Arab Emirates, Israeli, Iran, Israel, Tehran, Gaza, Lebanon, UAE, Abu Dhabi, Dubai, British, Iranian, Tel Aviv, Jewish
CNN —A year after Collins Dictionary named “AI” its word of the year, the buzz around artificial intelligence is only getting louder. AI and robotics were the big themes at Gitex Global, which bills itself as the world’s largest tech event and ran Monday to Friday last week at Dubai’s World Trade Centre. “I think what (was) very exciting this year (was) the focus on AI and deep tech,” said Trixie LohMirmand, executive vice president of Dubai World Trade Centre and CEO at KAOUN International, which organizes the event. Several companies launched new products at this year’s show, including Dubai-based deep tech company Xpanceo, which debuted the new prototypes of its smart contact lenses. A prototype of an Xpanceo contact lens at Dubai's Gitex.
Persons: , Trixie LohMirmand, Patrick Dennis, hasn’t, Gitex, Organizations: CNN, Collins, Trade, Dubai World Trade Centre, KAOUN, Avaya, Gulf Computer, United Arab Locations: Dubai, United Arab Emirates, Germany, Singapore, Morocco, South Korea, Nigeria
"The two leaders will highlight a half century trajectory of UAE-U.S. partnership in trade, investment and security," the Emirati ambassador to Washington, Yousef al-Otaiba, posted on X ahead of the visit. Growing investment tiesTrillion-dollar relationshipThe United States and the UAE have a trade and investment partnership that spans more than five decades. In 2023, bilateral trade between the UAE and the U.S. was worth around $31.4 billion, with U.S. exports to the UAE exceeding $24.8 billion, according to the UAE Embassy in Washington, D.C. The UAE, which produces nearly 4% of the world's oil supply, also has investments in the United States that total $1 trillion. The UAE sovereign wealth funds including the Abu Dhabi Investment Authority and Mubadala are major investors in American real estate, infrastructure and technology sectors.
Persons: Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince, Abu, Hannah McKay, Sheikh Mohammed bin Zayed Al Nahyan's, Anwar Gargash, Sheikh Mohammed's, Joe Biden, Kamala Harris, Gargash, Yousef al Organizations: Downing, Getty, United Arab Emirates, Washington , D.C, U.S, UAE, UAE Embassy, Abu, Abu Dhabi Investment Authority Locations: Abu Dhabi, London, England, United States, Washington ,, Dubai, Gaza, UAE, Washington, U.S
Russia and Ukraine conducted a major exchange of prisoners on Saturday, 206 in all, in their second such swap in two days, following negotiations mediated by the United Arab Emirates, officials said. President Volodymyr Zelenskyy said that all 103 Ukrainians returned were from the military — 82 soldiers and privates and 21 officers. Russian Defense Ministry said that the 103 Russian soldiers exchanged had been taken prisoner in the border Kursk region where Ukrainian forces launched a surprise incursion in August. Kyiv and Moscow have frequently exchanged prisoners since Russia’s invasion in February 2022, and Saturday’s swap was the third since Ukraine began a cross-border incursion into Russia’s Kursk region in early August. Dmytro Lubinets, Ukraine’s ombudsman, said the majority of the freed Ukrainians had been in Russian captivity since the early days of the invasion.
Persons: Volodymyr Zelenskyy, , ” Zelenskyy, WAM, Dmytro Lubinets, ” Lubinets Organizations: United Arab, Russian Defense Ministry, UAE, Kyiv Locations: Russia, Ukraine, United Arab Emirates, Kursk, Ukrainian, Moscow, Russia’s Kursk
CNN —Writings on an ancient clay tablet have allowed experts to reconstruct a Bronze Age ship made of reeds and sail it on a maiden voyage off the coast of Abu Dhabi, United Arab Emirates. It is the world’s largest reconstruction of a Bronze Age Magan boat, according to the team. The research project’s goals were to uncover ancient craftsmanship techniques, determine the connections between Bronze Age societies and better understand the role Abu Dhabi once played in Bronze Age trade. After passing five days of trials, the ship sailed toward Saadiyat Island off the coast of Abu Dhabi and the open sea on March 2 and 3. “Seeing the Magan Boat sail on the water for the first time actually took my breath away and brought tears to my eyes.”
Persons: Magan, , , Eric Staples, Abu Dhabi, Emily Harris, Umm, Robert B, Jackson, ” Jackson, Peter Magee, Marwan Abdullah Al, Marzouqi, ” Marzouqi, Abdallah Alremaithi, Ayesha Almansoori, Tayla Clelland, Mohamed Khalifa Al Mubarak, ” Clelland Organizations: CNN, United, United Arab Emirates, Zayed University, Zayed National Museum, Zayed National Museum , New York University, British Museum, ., Department of Culture Locations: Abu Dhabi, United Arab, Persian, UAE, Oman, Mesopotamia, Iraq, Pakistan, India, Zayed National Museum ,, Zayed National Museum , New York University Abu Dhabi, Umm, South Asia, Girsu, what’s, Saadiyat, Tourism,
Photographer Ramesh Shukla moved to Dubai in 1965. Sheikh Zayed and Sheikh Rashid watching a camel race in Sharjah, 1968. The next day, he returned to the racetrack and presented the photo to Sheikh Zayed, asking for his blessing — and it changed everything. Sheikh Zayed Bin Sultan Al Nahyan, the late emir of Abu Dhabi, signing the agreement to form the UAE’ on December 2, 1971. Ramesh ShuklaShukla's photos of the UAE's founding fathers (top) and Sheikh Zayed signing (bottom) are featured on the 50 dirham note.
Persons: CNN — “, ” Ramesh Shukla, Shukla, Ramesh Shukla, , , Sheikh Zayed, Sheikh Rashid, Sheikh Zayed Bin Sultan Al Nahyan, Sheikh Rashid bin Saeed Al Maktoum, Neel Shukla, Ramesh’s, , Tara, Neel, Ramesh, Ajman —, Ras, Khaimah, Neel —, ‘ Papa, ’ ” Organizations: CNN, United Arab Emirates, Ramesh, Emirates, United, UAE ’, Dubai Culture Locations: India, Dubai, Bombay, Mumbai, UAE, Sharjah, States, British, Arabian, Abu Dhabi, , Umm Al, United Arab, Ras Al, Emirates
The nine-month war in Gaza nearly took Julia’s life, as the fighting and displacement cut off her access to treatment. Around a month into the war, Julia ran out of three of the five medications she was taking, Dareen told CNN. “Ibrahim and I were the only two survivors,” Alaa told CNN, adding that the airstrike killed 30 members of their family. “We lived through hunger, the main ingredients for food weren’t there,” Alaa told CNN. I can’t be her mother and father at the same time.” she told CNN.
Persons: Julia Abu Zeiter, Dareen, Julia, ” Dareen, Dr, Ahmed Mubarak, Mubarak, Mari Carmen Viñoles, Israel, Giuseppe Cacace, Ibrahim, Alaa, “ Ibrahim, ” Alaa, ” Ibrahim, Ali Moustafa, Israel’s, , , James Elder Organizations: Egypt CNN —, CNN, United Arab, Leukemia, Getty, Palestine Children’s Relief, Integrated, United Nations, ” UNICEF, Locations: Arish, Egypt, Gaza, United Arab Emirates, Israel’s Kerem Shalom, Abu Dhabi, Sinai, Rafah, Israel, UAE, Egypt's Arish, AFP, US, Julia, Jabalya
But in a move that stunned the prisoners’ families, the men were all prosecuted again, the majority sentenced on Wednesday to terms ranging from 10 years to life in prison, dashing their families’ hopes of a long-delayed reunion. The court dismissed the cases against 24 defendants, the Emirati state news agency said, and acquitted one of them. The outcomes of the cases against the remaining defendants remained unclear. “It is something that shocked everyone — for what?” said Ahmed Al Nuaimi, an Emirati dissident living in exile in London. “Just calling for democracy leads to life in prison?” Mr. Al Nuaimi added.
Persons: , , Ahmed Al Nuaimi, , Mr, Al Nuaimi Organizations: United Arab Emirates, Justice, Dignity Committee Locations: Abu Dhabi, London
Soaring over fences on horseback in Hangzhou, China, last October, Omar Al Marzouqi was jumping into history. Yet Al Marzouqi made it work – with a little help from his sister. Stephen Bartholomew/IPS/ShutterstockShowjumping has always a family affair for Al Marzouqi, who mounted his first pony at just three years old. Just 15 years old at the time, Al Marzouqi was comfortably the youngest rider in the field in Buenos Aires. For Al Marzouqi, continuing that lineage is a privilege.
Persons: Omar Al Marzouqi, Omar, Al Marzouqi, , , Stephen Bartholomew, Showjumping, Steve Guerdat, Ahlmann, I’m, Al, you’ve, ” Al Marzouqi, Helen Cruden, Ahmed Al Maktoum, Sergiu Toma, Al Marzouqi hasn’t, you’d Organizations: CNN, United Arab Emirates, Asian Games, Sorbonne University Abu Dhabi, Youth Olympics, Paris Olympics, UAE, Games, Athens Locations: Hangzhou, China, Abu Dhabi, UAE, Paris, West Sussex, Argentina, Buenos Aires, Montefalco, Italy, Rio
Covestro opens books to ADNOC over $12.5 billion takeover offer
  + stars: | 2024-06-24 | by ( ) www.cnbc.com   time to read: +2 min
German chemicals firm Covestro is giving ADNOC access to its books and stepping up talks based on an improved 11.7 billion euro ($12.5 billion) takeover offer, after more than a year of courtship by the Emirati energy company. Covestro said talks would proceed "in a timely manner" and there was no certainty of an agreement. A spokesperson for ADNOC welcomed Covestro's decision: "We look forward to jointly working with Covestro to swiftly progress due diligence for this important transaction," adding that this was ADNOC's final offer. ADNOC's initial informal offer to Covestro was reported in June 2023, but it wasn't until September last year that the German company entered into open-ended formal discussions. In December, it agreed to buy European chemical producer OCI's stake in ammonia and urea producer Fertiglobe for $3.6 billion.
Persons: Covestro, ADNOC, Austria's, Fertiglobe Organizations: Covestro, Abu, Abu Dhabi National Oil Co, Reuters, Jefferies, BP Locations: Leverkusen, Germany, Abu Dhabi
So in 2016, Badran set up her own tour company, Wander with Nada, to “show a different side of Dubai” to travelers. Her bespoke private tours are designed to suit the interests of each visitor, but her favorite itinerary is Dubai’s “old town,” a group of small neighborhoods around Dubai Creek where the city began and Badran spent her childhood. Badran leads me through the narrow alleys around the Dubai Old Souk, home to stores run by Indian-origin families. Stores in Old Dubai Souk. “Dubai is about opening your mind,” Badran says, “and embracing this diversity that makes it unique.”
Persons: Nada Badran, Badran, , , Nada, Rebecca Cairns, Al Maktoum, Sheikh Mohammed bin Rashid Al Maktoum, Al Talli, There’s, , it’s, ” Badran, Al Shindagha, Al, Djamel Boussaa, ” Boussaa, hasn’t, Rashid Haghaght, Al Karama, ” “ Organizations: CNN, , United Arab Emirates, Dubai, Heritage, UNESCO, Al Shindagha, Trading Locations: Florence, Dubai, The, Arabian, “ Dubai, , Rome, Athens, Edinburgh, UAE, Oman, today’s Iraq, Bani Yas, Al Shindagha, Suadna, South, West Asia, Al, Saudi Arabia, Al Fahidi, Jordan, Deira, Isfahan, Old Dubai, Abu Dhabi, Sharjah, Al Rigga, Souk, Old Dubai Souk, Jebel Ali, Iran, India, China
Maps Show Scarce Shelter and Medical Care as Rafah Operation Is UnderwayHundreds of thousands of Gazans have fled the southern region of Rafah over the past week, after Israel has expanded its evacuation orders amid continued bombardment and fierce fighting there. Satellite imagery taken after the May 6 incursion shows extensive new damage to eastern parts of Rafah. Additional damaged buildings were identified in satellite imagery collected from May 5 to May 7. As of Tuesday, new high resolution satellite imagery of the evacuation area in Rafah was not available after May 7. ISRAEL Rafah crossing N EGYPT Kerem Shalom crossing 1 mile Source: World Health Organization; International Committee of the Red Cross press releases Note: Data is as of May 14.
Persons: Younis, Copernicus, Israel, Corey Scher, Den, Abu Yousef al, EGYPT Al Helal, Helal, EGYPT Kerem Organizations: Planet Labs, The New York Times, Health, United Nations, The United Nations, New York Times, Copernicus Sentinel, CUNY, Center, Den Hoek of Oregon State University, Labs, Najjar, Maternity, Health Organization, International Committee, Red Cross Locations: Rafah, Israel, Gaza, Rafah Egypt Israel Rafah, Kerem Shalom, Israel Egypt Rafah, Egypt, GAZA, Rafah ISRAEL EGYPT Rafah, Rafah ISRAEL EGYPT, Shalom, Den Hoek of, Kuwait, EGYPT, EGYPT Al Helal Al, ISRAEL Rafah, Helal Al, EGYPT Kerem Shalom, Jabaliya, Gaza City
The UAE is boosting ties with China's air force. Major General Saleh Mohammed bin Mejren Al Ameri, commander of the UAE's Joint Operations, met with the commander of China's People's Liberation Army Air Force on April 23 to promote closer air force cooperation. Another even speculated Abu Dhabi may eventually seek China's premier stealth fighter: the fifth-generation J-20 Mighty Dragon. I don't see this relationship developing into something similar to what the UAE Air Force has with France or even Russia anytime soon." Furthermore, the Emirati air force fighter fleet is already large for such a small country, making it unlikely the L-15s will serve any combat role.
Persons: , General Saleh Mohammed bin Mejren Al Ameri, China's, Abu Dhabi, Abu, Abu Dhabi's, Ahmed Aboudouh, Aboudouh, Washington's hesitance, Fred Tanneau, Sebastien Roblin, Roblin, haven't, Russia's Su, Robin Organizations: Service, United, Liberation Army Air Force, Dassault Rafales, Chatham House, China Studies Unit, Emirates Policy Center, Rafale, Dassault Aviation, UAE Air Force, UAE, China hasn't, FC, Korea's KF, UAE . The Emirates, KF Locations: UAE, Washington, Beijing, United Arab Emirates, China, United States, Abu Dhabi, UAE's, France, Abu, Russia, Saudi, Pakistan, Ukraine
Changpeng Zhao, the founder and former CEO of crypto exchange Binance, heads to a Seattle courtroom on Tuesday to learn whether the crimes he admitted to committing will land him in prison for an extended sentence. As part of his plea deal with the Department of Justice, Zhao agreed to step down as CEO. Once a titan of the crypto sector, Zhao grew Binance into the world's largest centralized crypto exchange globally. Unlike rival exchange FTX, which collapsed into bankruptcy when founder Sam Bankman-Fried was criminally charged, Binance has continued to operate. Binance processed a whopping $18.1 trillion worth of trading volume in 2023, according to data from CCData, a crypto market data firm.
Persons: Changpeng Zhao, Zhao, Richard Jones, Binance, Sam Bankman, Fried, Nansen, he's Organizations: Department of Justice, District, Prosecutors, Bank, U.S, Justice Department, Futures Trading Commission, Treasury Department, SEC Locations: Seattle, U.S, CCData, Iran
Jeff Zucker’s bid for Tory titan-hood has come to an end. The media executive on Tuesday formally abandoned his attempt to take the reins of London’s Daily Telegraph, bailing out after British political and news leaders balked at Mr. Zucker’s reliance on Emirati financiers to bankroll the effort. Mr. Zucker’s venture company, RedBird IMI, had sought government approval to complete a debt-for-equity deal that would hand it control of The Telegraph and its sister magazine, The Spectator. Because of the withdrawal, other prospective owners may now attempt to purchase the publications. “Our ownership would have seen the strongest editorial protections ever put forward for a U.K. newspaper, along with much-needed investment,” a RedBird IMI spokesperson said in a statement.
Persons: Jeff Zucker’s, , Sheikh Mansour bin Zayed al Nahyan Organizations: London’s Daily Telegraph, Mr, RedBird IMI, The Telegraph, The, IMI, The Spectator, RedBird, Media Investments, United Locations: Abu Dhabi, United Arab Emirates
A baby who was born premature after her mother was killed in an Israeli strike died on Thursday, a relative said, less than a week after news of her birth brought a glimmer of hope to war-torn Gaza. The baby, who was born after a strike in southern Gaza that also killed her father and sister, suffered respiratory problems and doctors were unable to save her, said her uncle, Rami al-Sheikh. The mother, Sabreen al-Sakani, was killed along with her husband, Shukri, and their 3-year-old daughter Malak when an Israeli strike hit their home in the city of Rafah shortly before midnight last Saturday. Instead of a name, doctors initially wrote, “The baby of the martyr Sabreen al-Sakani” on a piece of tape across her chest. “The baby was delivered into a tragic situation,” Dr. Salama told Reuters after her birth, adding, “Even if this baby survives, she was born an orphan.”
Persons: Rami al, , , Sabreen, Shukri, Malak, Rouh, Mohammed Salama, Dr, Salama Organizations: Emirati, Emirati Hospital, Reuters Locations: Gaza, Israeli, Rafah
Malaysia may add a casino to Forest City, a mega-development that has turned into a ghost town. AdvertisementMalaysia's Forest City mega-development started with big ambitions and big money. Now, Malaysia is in talks with several high-profile investors to add a casino to Forest City, people familiar with the matter told Bloomberg on Wednesday. AdvertisementThe southeast nation's Prime Minister Anwar Ibrahim met with the heads of a Malaysian property development firm and a resort company at Forest City last week. Expensive, empty apartmentsA casino — which would only be the second in Malaysia — could help struggling Forest City.
Persons: , Anwar Ibrahim, Ibrahim Iskandar, King Ibrahim, Anwar, They're, Al Marjan Organizations: Service, City, Bloomberg, nation's, Forest City, Garden, Genting Group, Berjaya Corp, Business, United, United Arab Emirates, Las Vegas, downstate Locations: Malaysia, Forest City, Singapore, Malaysia's, Malaysian, Forest, Genting, Marielle, Johor, United Arab, Al, York City, York
Doctors in Gaza delivered a baby on Sunday from a Palestinian woman who had been killed alongside her husband and daughter in an Israeli strike in the city of Rafah, where more than one million people have fled during Israel’s war in Gaza. The baby was born 10 weeks premature and weighed three pounds, Dr. Salama told Reuters. Instead of a name, doctors wrote “the baby of the martyr Sabreen al-Sakani” on a piece of tape across her chest. “Hopefully after her respiratory distress improves, she will need to be breastfed,” Dr. Salama said. “She has been denied everything — denied her mother, denied her milk.
Persons: Sabreen, Dr, Mohammed Salama, Salama, Rami al, Malak, ” “, Mr, Sheikh, , , Organizations: Reuters, Al, Emirati Locations: Gaza, Rafah
The United Arab Emirates, of which Dubai is part, saw the heaviest rainfall in at least 75 years, with more than a year’s worth of precipitation in 24 hours. Abandoned vehicles on a flooded highway after a rainstorm in Dubai, United Arab Emirates on Wednesday. People stand as flood water caused by heavy rains covers the stairs of a residential building, in Dubai, United Arab Emirates on Wednesday. A man walks in flood water caused by heavy rains, with the Burj Khalifa tower visible in the background, in Dubai, United Arab Emirates, April 17, 2024. Residents move their belongings on a kayak at a flooded residential complex following heavy rainfall, in Dubai, United Arab Emirates on Thursday.
Persons: hadn’t, Christopher Pike, , Sofie, Sheikh, Avinash Babur, Amr Alfiky, Babur, Amr Alfiky Amr Alfiky, Ali Salem, , wasn’t Organizations: UAE CNN, United, United Arab Emirates, Bloomberg, Getty, Dubai Marina, CNN, , Dubai “, REUTERS, Reuters, . Schools Locations: Dubai, UAE, United Arab Emirates, Ras Al, Khaimah, Persian, United Arab, Western, lockdowns, freezers, United States, China, Burj Khalifa, Jumeirah
Satya Nadella is hoping to prove he's the shrewdest dealmaker in AI. Microsoft just put $1.5 billion in UAE firm G42 while getting it to divest its China ties. G42 has been linked to a chip venture led by Microsoft's other main AI bet, OpenAI. Last month, Nadella pulled off a big coup by hiring Mustafa Suleyman, a DeepMind cofounder and Inflection AI CEO, and several of his software engineers to head up a new AI division at Microsoft. InflectionThe move involved a $650 million payment to Inflection AI that would also allow Microsoft to license Inflection's AI models.
Persons: Satya Nadella, , Redmond, Peng Xiao, hasn't, Sam Altman, Nadella, Brad Smith, who's, , Altman, Mustafa Suleyman, Mistral Organizations: Microsoft, Service, OpenAI, Huawei Locations: UAE, China, Abu Dhabi, DarkMatter, Beijing, @G42ai, OpenAI, Paris
Under the partnership, Microsoft will give G42 permission to sell Microsoft services that use powerful A.I. chips, which are used to train and fine-tune generative A.I. products shared with G42 and includes an agreement to strip Chinese gear out of G42’s operations, among other steps. “When it comes to emerging technology, you cannot be both in China’s camp and our camp,” said Gina Raimondo, the Commerce Secretary, who traveled twice to the U.A.E. The accord is highly unusual, Brad Smith, Microsoft’s president, said in an interview, reflecting the U.S. government’s extraordinary concern about protecting the intellectual property behind A.I.
Persons: Biden, , Gina Raimondo, Brad Smith Organizations: Microsoft, United Arab, U.S ., Commerce Locations: United Arab Emirates, China, Washington, Beijing, Gulf
deal as a diplomatic weaponA relatively small deal — by Microsoft’s standards, anyway — is leading to big geopolitical ripples on Tuesday. The tech giant is investing $1.5 billion in G42, an Emirati artificial intelligence company. On its face, that may appear to be just another effort by the tech giant to claim a foothold in a fast-growing A.I. The terms of the deal: G42 will be able to sell Microsoft services that use powerful A.I. chips; in return, it will use Microsoft’s Azure cloud services for its A.I.
Persons: OpenAI, Biden Organizations: Microsoft Locations: Beijing, China
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