UAE's AI firm G42 and Nvidia to team up on climate tech

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United Arab Emirates-based artificial intelligence company G42 has teamed up with U.S. chipmaker Nvidia (NVDA.O), opens new tabto work on climate tech, G42 said on Friday, ahead of the first-ever visit to the White House by a president of the UAE next week.
The Gulf-based company said in a statement the two firms would work together develop AI solutions aimed at boosting weather forecasting accuracy globally and will set up an operational base and climate tech lab in Abu Dhabi.
The UAE, led by government-backed G42, is investing heavily in AI to help diversify its economy away from oil and UAE-based companies have forged several deals with U.S. firms recently.
Microsoft (MSFT.O), opens new tab announced in April it was investing $1.5 billion in G42, while this week the two firms said they would open two centres in Abu Dhabi.
Abu Dhabi-backed investment company MGX is also joining as a general partner in a $30 billion fund with BlackRock , opens new tab and Microsoft to invest in AI infrastructure.

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