Microsoft has issued a "red envelope": a 10% increase in dividends and plans to repurchase up to $60 billion.
Microsoft's quarterly dividend increased by 10% to $0.83 compared to the previous quarter. The board of directors has approved a new share repurchase program that does not have a deadline and may be terminated at any time.
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Microsoft and the United Arab Emirates AI company G42 will open two centers in Abu Dhabi.
According to Reuters, microsoft and ai company G42, based in the United Arab Emirates, announced on Tuesday that they will establish two centers in Abu Dhabi to carry out 'responsible' ai projects. The two companies stated that this trade is based on their partnership established in April, under which microsoft will invest $1.5 billion in G42. The first center will bring together academic researchers and ai practitioners from the private sector to develop and share best practices for responsible ai. Another center will focus on developing large language models for 'underrepresented languages'.
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