April 16 (Reuters) - Microsoft Corp ( MSFT ):

* MICROSOFT AND G42 PARTNER TO ACCELERATE AI INNOVATION IN

UAE AND

BEYOND

* WILL INVEST $1.5 BILLION IN G42 FOR A MINORITY STAKE IN

G42 AND

JOIN ITS BOARD OF DIRECTORS.

* COMPANIES WILL SUPPORT THE ESTABLISHMENT OF A $1 BILLION

FUND

FOR DEVELOPERS TO BOOST AI SKILLS IN THE UNITED ARAB EMIRATES

(UAE) AND BROADER REGION.

* COS WILL SUPPORT ESTABLISHMENT OF A $1 BILLION FUND FOR

DEVELOPERS TO BOOST AI SKILLS IN THE UNITED ARAB EMIRATES (UAE)

AND BROADER REGION

* COMMERCIAL PARTNERSHIP IS BACKED BY ASSURANCES TO THE U.S.

AND

UAE GOVERNMENTS

* WILL INVEST $1.5 BILLION IN G42 FOR A MINORITY STAKEIN CO

WITH

BRAD SMITH, MICROSOFT ( MSFT ) VICE CHAIR AND PRESIDENT, JOINING G42'S

BOARD

* MICROSOFT AND G42 WILL WORK CLOSELY TOGETHER TO ELEVATE

THE

SECURITY AND COMPLIANCE FRAMEWORK OF THEIR JOINT INTERNATIONAL

INFRASTRUCTURE

Source text: tinyurl.com/22bf9kql

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