(Bloomberg) -- Microsoft Corp.’s just-announced partnership with Abu Dhabi’s G42 followed behind-the-scenes negotiations between the US government and the...
-- Microsoft Corp.’s just-announced partnership with Abu Dhabi’s G42 followed behind-the-scenes negotiations between the US government and the Middle Eastern firm, which agreed to divest from China and pivot to American technology.
A representative for BIS declined to comment. In a statement, a G42 spokesman said that the divestment decision stemmed from a desire “to partner with the most sophisticated AI technology companies in the world — the ones in the US and, in some cases, Europe.”“Geopolitical factors affect every international business, including ours,” the spokesman said. The chance to work with Microsoft and its partner OpenAI “were authentic economic and technological transformative opportunities for us.
G42, the largest AI company in the UAE, came under scrutiny from Congress in recent months, with a key lawmaker calling for sanctions over its ties to blacklisted Chinese businesses Huawei Technologies Co. and Beijing Genomics Institute. The firm “categorically” denied that it had “connections to the Chinese government and their military industrial complex.
The Commerce Department expanded export controls last year on semiconductor technology. It now requires a license for the sale of advanced chips and tools to countries that officials worry China could use as intermediaries to skirt US controls, including several in the Middle East. Wealth funds from that region have also drawn scrutiny from the Committee on Foreign Investment in the United States over their ties to Beijing.
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