G42 WEIGHS U.S. MAJORITY OWNERSHIP TO PRESERVE AI CHIP ACCESS
Abu Dhabi AI firm G42 is exploring a major restructuring that could include selling a majority stake to a U.S. company or creating a new U.S.-based vehicle, Bloomberg reports.
The goal is to maintain access to cutting-edge U.S. AI chips after its current license-free arrangement expires around April 2027.
G42 already counts Microsoft $MSFT and Silver Lake as investors and is building a 5 GW UAE-U.S. AI campus in Abu Dhabi using NVIDIA chips.
No final decision has been made.