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Microsoft-backed G42 Announces Strategic Investment in Blockchain Private Equity Platform Inveniam

Artificial intelligence company G42 announced the blockchain private equity investment platform Inveniam, the specific amount has not been disclosed, Inveniam intends to use the new funds to promote artificial intelligence, DLT and DeFi integration, to provide support for private financing, private market funds, indices, derivatives and trading underlying assets investors. Previously, Microsoft invested $1.50 billion in artificial intelligence company G42 and won the company's board seat.