Microsoft and G42's $1B geothermal-powered data center in Kenya stalls after the government couldn't provide annual payment guarantees that Microsoft requested
A major Microsoft Corp. data center site in East Africa has been delayed by disagreements with the Kenyan government …
Microsoft and G42's $1B geothermal-powered data center in Kenya stalls after the government couldn't provide annual payment guarantees that Microsoft requested
A major Microsoft Corp. data center site in East Africa has been delayed by disagreements with the Kenyan government …
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/...