G42

How UAE's $2B investment in Trump family's WLF is linked to the deal allowing the UAE's G42 to access AI chips, in which David Sacks played a key role

This summer, Steve Witkoff, President Trump's Middle East envoy, paid a visit to the coast of Sardinia, a stretch of the Mediterranean Sea crowded with super yachts.

Cerebras says it has resolved “all open issues” with the CFIUS, as it prepares for an IPO; the AI startup filed a notice about its ties to Abu Dhabi's G42

G42 also planned to buy more than 22 million shares in Cerebras.  The Sunnyvale, California-based company had said the arrangement …

Sources: AI chipmaker Cerebras' IPO, in limbo for months, has been delayed while Trump fills key roles and CFIUS reviews Abu Dhabi-based G42's $335M investment

Filing: UAE-based G42 accounted for 87% of Cerebras' H1 2024 revenue and has committed to buy $335M worth of its stock by April 2025, giving G42 a 5%+ stake

New York Times :

Microsoft invests $1.5B in Abu Dhabi-based AI startup G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board

Agreement is latest move by US tech group to extend its reach into fast-growing sector  —  Microsoft has agreed to invest $1.5bn …

Abu Dhabi-based AI group G42 has “divested from all its investments in China” as it seeks to reassure the US; sources: the sell-off included shares in ByteDance

Financial Times :

Abu Dhabi-based AI group G42 has “divested from all its investments in China” as it seeks to reassure the US; sources: the sell-off included shares in ByteDance

Financial Times :

Sources: Abu Dhabi-based G42 acquired a $100M+ stake in ByteDance at a ~$220B valuation, down from $300B set in a recent buyback, as the US weighs a TikTok ban

a significant discount https://www.bloomberg.com/... Mark Bergen / @mhbergen : Nothing says ~we are not a national security threat~ like https://www.bloomberg.com/...