AIBloomberg1h ago
Abu Dhabi-based AI company G42 is exploring selling a majority stake
Sources: Abu Dhabi-based AI company G42 is exploring selling a majority stake to American companies to maintain access to advanced AI chips beyond April 2027
TL;DRAbu Dhabi AI firm G42 may sell majority stake to US companies to keep accessing advanced chips.
Why it matters: US chip export restrictions to non-allies are reshaping global AI power dynamics and ownership.
Executives at Abu Dhabi-based artificial intelligence firm G42 have held exploratory talks over potentially selling a majority stake …
Read full articleSource: Bloomberg · Opens in new tab