Abu Dhabi’s AI Firm G42 Reportedly Mulling Multi-Billion-Dollar Funding
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Reports indicate that G42, an AI enterprise headquartered in Abu Dhabi, is currently engaged in initial talks with potential investors about securing a multi-billion-dollar funding round. However, the specific scale and structure of this financing remain to be finalized. Among G42's current investors are prominent names such as Mubadala, Silver Lake, and Microsoft. The company is active in cloud computing, data centers, and AI applications, and is now in the process of building an AI park in collaboration between the UAE and the US, boasting a total capacity of 5 gigawatts.