AI firm G42, Axios reported on Saturday, citing two people familiar with the deal.
Microsoft invested $1.5 billion in G42 earlier this year, giving the U.S. company a minority stake and a board seat. As part of the deal, G42 would use Microsoft's cloud services to run its AI applications.
The deal, however, was scrutinized after US lawmakers raised concerns G42 could transfer powerful US AI technology to China. They asked for a US assessment of G42's ties to the Chinese Communist Party, military and government before the Microsoft deal advances.
The US Commerce Department, Microsoft and G42 did not immediately respond to Reuters' requests for comment.
The approved export license requires Microsoft to prevent access to its facility in the UAE by personnel who are from nations under US arms embargoes or who are on the US Bureau of Industry and Security's Entity List, the Axios report said.
Marketing
Performance Marketing for eCommerce Brands
By — Zafer Mukeri, Founder- Inara Marketers
Leadership
Business Storytelling Masterclass
By — Ameen Haque, Founder of Storywallahs
Marketing
Digital Marketing Masterclass by Pam Moore
By — Pam Moore, Digital Transformation and Social Media Expert
Marketing
Digital marketing — Wordpress Website Development
By — Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert
Office Productivity
Microsoft Word Mastery: From Beginner to Expert
By — CA Raj K Agrawal, Chartered Accountant
Data Science
MySQL for Beginners: Learn Data Science and Analytics Skills
B