Microsoft-backed G42 announces strategic investment in blockchain private equity investment platform Inveniam

artificial intelligence company G42 announced an undisclosed investment in blockchain private placement platform Inveniam. Inveniam plans to use the new funds to promote the integration of artificial intelligence, DLT, and DeFi, providing support for investors in private placement financing, private market funds, indices, derivatives, and trading basic assets. Earlier news revealed that Microsoft invested $1.5 billion in artificial intelligence company G42 and obtained a seat on the board of directors.