Abu Dhabi AI Giant G42 Considers Selling Majority Stake to U.S. Companies to Secure Chip Supply

According to Bloomberg, executives at the Abu Dhabi-based artificial intelligence company G42 have recently held exploratory talks on selling a majority stake to U.S. companies, aiming to ensure continued access to high-end AI chip supplies after next year. Insiders said G42 is seeking to further secure its access to advanced AI chips by bringing in U.S. capital and partners. If the deal is ultimately finalized, it would trigger a major restructuring of equity ownership for the roughly eight-year-old AI firm, which is led by a prominent member of the UAE royal family.