Microsoft President Brad Smith speaks to CNBC's Dan Murphy at the ADIPEC conference in Abu Dhabi, discussing the tech giant's $15.2 billion investment in the UAE, where the region fits into the global AI race, and whether or not artificial intelligence is in a bubble.

Microsoft President Brad Smith speaks to CNBC's Dan Murphy at the ADIPEC conference in Abu Dhabi, discussing the tech giant's $15.2 billion investment in the UAE, where the region…

Microsoft's announcement Monday was part of the company's planned $15.2 billion investment in technology in the UAE.