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Sources: Abu Dhabi-based AI company G42 is exploring selling a majority stake to US companies, hoping to safeguard access to advanced AI chips beyond April 2027 (Bloomberg)

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Time & source
Published
09/04, 15:20
First discovered
09/04, 16:00
Type
Media · RSS
AI summary

Abu Dhabi-based AI company G42 is reportedly exploring the sale of a majority stake to US companies. This move is aimed at safeguarding G42's access to advanced AI chips, particularly beyond April 2027. Executives at the artificial intelligence firm have engaged in exploratory talks regarding this potential sale, as reported by Bloomberg. The strategic consideration highlights the company's efforts to secure its future technological capabilities amidst evolving global dynamics.

Bloomberg:

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 — Executives at Abu Dhabi-based artificial intelligence firm G42 have held exploratory talks over potentially selling a majority stake …