OpenAI teams up with UAE's G42 to provide AI solutions in Middle East
Chip Somodevilla/Getty Images News
United Arab Emirates-based artificial intelligence firm G42 is collaborating with ChatGPT creator OpenAI to bring AI solutions to the UAE and other markets in the region. 
The partnership will focus on using OpenAI's generative AI models in areas where G42 already has expertise including financial services, energy, healthcare and public services.
OpenAI, which is backed by Microsoft (NASDAQ:MSFT), will work with G42 to accelerate the solution development process.
G42 said it will prioritize its AI infrastructure capacity to support OpenAI's local and regional inferencing on Microsoft Azure data centers.
Last August, G42 launched the $10B G42 Expansion Fund, a global technology growth fund formed in partnership with Abu Dhabi Growth Fund.
Generative AI services have taken the world by storm, since the launch of ChatGPT. Companies have launched their own large language models which can provide services such as content and image generation, to name a few.
On Wednesday, OpenAI updated ChatGPT to bring the "Browse with Bing" feature to all users. The U.S. company also transitioned the text-to-image DALL-E 3 tool into beta and users will now be able to get images with their text results without having to switch between apps.
Earlier this week, Chinese internet search giant Baidu (BIDU) unveiled its latest generative AI model Ernie 4.0, a potential rival to OpenAI's GPT-4 model.
Alphabet's (GOOG) (GOOGL) unit Google's Bard, Alibaba's (BABA) Tongyi Qianwen and Tongyi Wanxiang, Meta Platforms' (META) AudioCraft, SeamlessM4T, and Llama 2, and Getty Images' (GETY) model called Generative AI by Getty Images, are some of the LLM's that have come up in the past few months.

More on Microsoft

Microsoft's Annual Returns Remain Strong Even With A 16.3% Cloud Growth
Microsoft: A Long-Term 'Outperformer' Still Up For Grabs At Decent Value
Microsoft: The Potential Of AI Still To Gain Full Recognition
Microsoft likely to post 'modest' upside in Q1, with catalysts coming: BofA
China's President Xi Jinping unveils global AI governance initiative amid US chip curbs