Abu Dhabi's G42 Explores US Majority Stake to Secure AI Chip Supply

Executives at Abu Dhabi-based AI firm G42 are in talks to sell a controlling stake to American companies, aiming to bypass export restrictions and guarantee continued access to advanced semiconductor chips.

4 Sept, 12:50 — 4 Sept, 12:50

Post Share

Sources

Showing 1 of 1 sources

bloombergHigh2d ago

Abu Dhabi’s G42 Weighs US Ownership to Safeguard AI Chip Access

Executives at Abu Dhabi-based artificial intelligence firm G42 have held exploratory talks over potentially selling a majority stake to American companies, people familiar with the matter said, as it races to guarantee access to high-tech chips beyond next year.

By Alex Dooler, Zainab Fattah and Dinesh Nair

Read full article →

Abu Dhabi's G42 Explores US Majority Stake to Secure AI Chip Supply

Sources

Abu Dhabi’s G42 Weighs US Ownership to Safeguard AI Chip Access

Related Stories

German Startup Isar Aerospace Achieves Europe's First Commercial Orbital Launch

Mobile Phones Disrupt Concert Experiences and Sports Viewing

Apple Unveils iPhone 18 Pro and Foldable Plans at September Event

German Rocket Reaches Orbit in First Successful Launch From Europe