This chapter explores the financial investments in AI by tech giants like Google and Microsoft, revealing the competitive landscape between the two companies. It also examines the evolving AI chatbot industry in China, spotlighting Baidu's Ernie Bot and its rivalry with a startup-supported chatbot backed by Alibaba.
Microsoft's $1.5 billion investment in UAE-based AI company G42 represents a strategic geopolitical move, enhancing its Azure cloud integration across finance, healthcare, and education sectors. This partnership grants Microsoft a board seat, deepening its involvement in G42's operations. Amidst U.S.-China tensions, this deal also underscores efforts by U.S. officials to pivot G42's alliances away from Chinese influences, highlighting the critical role of AI in global strategic dynamics.
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