#G42

US sets new rule that could spur AI chip shipments to the Middle East

US sets new rule that could spur AI chip shipments to the Middle East

The US will work with foreign data centres that apply for the Validated End-User program as well as host governments

UAE President, US Commerce Secretary discuss MGX’s $30bn AI fund

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with US Commerce Secretary Gina Raimondo to discuss expanding bilateral collaboration.

G42 partners with NVIDIA on next-gen climate solutions

G42 partners with NVIDIA on next-gen climate solutions

The two firms will develop AI solutions aimed at boosting weather forecasting accuracy globally and will set up an operational base and climate tech lab in Abu Dhabi

UAE’s G42, Microsoft to build two data centres in Abu Dhabi

UAE’s G42, Microsoft to build two AI centres in Abu Dhabi

The first centre will develop and advance best practices and industry standards for the responsible use of AI in the Middle East and the Global South

G42 unveils Hindi LLM ‘NANDA’ at UAE-India Business Forum

G42 unveils Hindi LLM ‘NANDA’ at UAE-India Business Forum

NANDA is a 13 billion-parametre model, trained on approximately 2.13 trillion tokens of language data, with a strong focus on Hindi

G42 company Core42 unveils Compass 2.0_ Image for illustrative purposes_GettyImages

Core42, Qualcomm launch Compass 2.0 to advance AI solutions

The platform, which soft-launched in January, has successfully processed approximately 150 billion tokens since its inception

Microsoft, G42 deal could transfer US AI tech abroad

Microsoft, G42 deal could transfer key US chips and AI tech abroad

Microsoft executives said the company welcomes a debate on a new legal framework governing the transfer of AI technology

Microsoft and G42 to offer joint sovereign cloud and AI offerings Image Microsoft

Microsoft, G42 to invest $1bn in Kenya to build geothermal-powered data centre

Microsoft and G42 will work with the government of Kenya to design and operate the new East Africa cloud region as part of a trusted data zone

UAE's AI PUSH

UAE, US to seal more AI deals through strategic partnership: UAE AI minister Al Olama

The UAE, led by government-backed firm G42, is pushing to burnish its AI framework as it diversifies away from oil

Presight buys 51% stake in G42, ADNOC tech JV

Abu Dhabi’s Presight acquires 51% stake in G42, ADNOC tech venture

ADNOC will take a 4 per cent stake in Presight currently owned by G42, in exchange for 11 per cent of its shareholding in AIQ

G42

UAE’s G42 announces collaboration with global tech giant Qualcomm

G42 said it would be collaborating with Qualcomm Technologies to bring the high performance, low power Qualcomm Cloud AI 100 solutions to market

Microsoft Invests $1.5 Billion in Abu Dhabi’s G42 Image supplied

Microsoft invests $1.5bn in UAE’s G42 to power AI adoption

Both companies will support the establishment of a $1bn fund for developers to help drive innovation and competitiveness in the UAE and the broader region

G42, EcoCloud partner to build green data centre in Kenya

Abu Dhabi’s G42, EcoCloud partner to build green data centre in Kenya

The new facility will enhance cloud computing and artificial intelligence services to advance digital transformation in Kenya

Bayanat reports robust FY2023 performance AI-GettyImages-1481133084

Bayanat reports 47% revenue growth in 2023, reaches zero-debt position

Bayanat and Yahsat have announced a combined entity, Space42, which will be one of the world’s most valuable publicly listed space companies by market cap

G42 invests in new edge computing firm Analog

UAE’s G42 unveils new edge computing firm Analog

The venture’s journey from concept to reality is marked by human-focused innovation, design, and solutions that resonate on a human level

Sam Altman of OpenAI search

OpenAI in talks to raise new funding at $100bn valuation

The terms, valuation and timing of the funding round have not yet been finalised and could still change

PRESIGHT - AI IN SPORTS

Interview: Can Presight AI do a Moneyball for cricket?

Presight AI’s CEO highlights the role of data analytics in enhancing enterprise efficiency and unlocking the potential of one of world’s biggest sports

Mubadala Manipal Hospitals talks

Mubadala in talks with Temasek for stake in India’s Manipal Hospitals: Report

An investment from Mubadala could help Manipal Hospitals to expand its business

Microsoft and G42 to offer joint sovereign cloud and AI offerings Image Microsoft

G42, Microsoft alliance expands to include joint sovereign cloud and AI offering

This announcement marks the first significant outcome since G42 and Microsoft announced their intention to partner earlier this year, in April

G42 launches Jais, open source Arabic language AI model

Abu Dhabi’s G42 launches Jais, open source Arabic language AI model

The language is a transformer-based large language model that incorporates many cutting-edge features, including ALiBi position embeddings

G42 signs AI supercomputer deal with Cerebras Systems

UAE’s G42, Cerebras unveil world’s largest AI supercomputer

The two entities plan to deploy two more AI supercomputers, CG-2 and CG-3, in the US in early 2024

Viola

G42 and Viola launch new platform to attract global tech talent

Global Valley, a talent-as-a-service platform aims to meet the ongoing worldwide demand for top tech talent

Mubadala and G42 launch of M42

Abu Dhabi’s Mubadala, G42 launch tech-enabled healthcare firm

The merged entity is expected to transform the way care is delivered while bridging the gap between the latest healthtech advancements and the clinical outcomes patients receive

ByteDance

Abu Dhabi’s G42 buys ByteDance stake at $220bn valuation

G42 acquired a $100m-plus stake from existing investors in recent months through its 42XFund, Bloomberg reported

Presight AI _Cover Image_IPO

Presight AI announces start of subscription for IPO

The listing is the latest in a series of IPOs in the Gulf region as governments seek to bring more international investors into their markets

Mercedes

Mercedes-AMG Petronas F1 team announce G42 as official partner

G42 to propel the Mercedes-AMG Petronas F1 team with AI-powered, data-driven insights

Bayanat announces intent to list on ADX

Abu Dhabi G42-owned Bayanat announces intent to list on ADX

The subscription period for the listing will open on October 21 and close on October 25

G42

Abu Dhabi-based G42 to showcase exponential possibilities of AI at Gitex Global

This is the first time G42 will appear as an exhibitor at Gitex to demonstrate the breadth of its technology ecosystem

CyberArrow

CyberArrow, G42 Cloud team up to enhance cybersecurity in public and private entities

The agreement will allow for automation of governance, risk management and compliance tasks, helping the government and private entities to become more secure

G42 launches $10bn tech investment fund/G42's Peng Xiao

Abu Dhabi-based G42 launches $10bn tech investment fund

The G42 Expansion Fund’s investment priorities will span across computing and communications technologies, intelligent mobility, clean tech and renewables, digital infrastructures, fintech, healthcare and life sciences