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The Latest Breaking News from G42

Cerebras files for IPO — company remains unprofitable despite 20x revenue growth

Cerebras' sales hit half a billion dollars in 2025, but 86% of its revenue comes from Abu Dhabi-based G42 and Mohamed bin Zayed University of Artificial Intelligence, which represents major risks.

Tom’s Hardware

How a ‘spy sheikh’ bought 49% of the Trump family’s flagship crypto company: ‘We’ve got some pretty meaningful investors’

Investors with ties to the Abu Dhabi royal family signed a deal to inject $500 million into World Liberty Financial.

Fortune

Why Nvidia CEO Jensen Huang namechecked this Saudi AI startup three times in his earnings call

Humain, founded by Saudi Crown Prince Mohammed bin Salman, has signed a series of landmark deals with Amazon and xAI that all involve Nvidia's AI chips.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Microsoft is investing $15.2 billion in the world's AI hotspot — Why that's great news for NVIDIA and its specialized GPUs

Microsoft says it plans to spend another $7.9 billion in the UAE's AI buildout from 2026 until 2029, and NVIDIA's specialized AI GPUs are at the heart of the expenses.

Windows Central

Nvidia Rallies As Microsoft Expands AI Infrastructure In Middle East With US Backing

Nvidia Corp (NASDAQ:NVDA) shares are trading higher after the U.S. reportedly approved Microsoft Corp (NASDAQ:MSFT) to ship the U.S. chip designer’s artificial intelligence chips for use in the United Arab Emirates (UAE).

Benzinga

'A kid born in 2025 is unlikely to ever be as smart as artificial intelligence': Sam Altman thinks it's OK for AI to be smarter than us all - and I am sure we will be totally, totally fine

Sam Altman says humanity can still find happiness and purpose in an AI-driven age.

TechRadar

The US has approved billions worth of Nvidia GPU exports to the United Arab Emirates in 'transformational US-UAE AI partnership deal'

Who will come out ahead in the AI race?

PC Gamer

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U.S. finally grants Nvidia license to ship AI GPUs to UAE: 500,000 Blackwell GPUs coming to the Gulf region

The U.S. has approved tens of billions worth of Nvidia AI hardware exports to the UAE under a new bilateral agreement linking up to 500,000 GPU shipments per year with $1.4 trillion in Emirati investment, in the U.S.

Tom’s Hardware

Is Washington Handing China A Win With Nvidia Sales?

Nvidia (NASDAQ:NVDA) stock is taking a hit Friday as a U.S. government decision to permit the chip giant to resume sales of its H20 AI chips to China faces strong opposition from House Select Committee on China Chairman John Moolenaar.

Benzinga

Elon Musk Was ‘Abusing His Power In the Government to Unfairly Compete’ Says OpenAI CEO Sam Altman: ‘It’s Unfortunate for the Country’

Sam Altman accuses Elon Musk of trying to block OpenAI’s Stargate UAE project, escalating tensions in the global AI race.

Barchart

A top OpenAI executive says AI sovereignty may depend on how much a company can afford to spend

OpenAI's chief strategy officer Jason Kwon suggests that capital and data will determine which countries benefit from working with the AI company.

Fortune

Musk tried to block massive Trump-backed Mideast AI deal unless he was included: report

Elon Musk rushed to the Mideast to hold up a massive Trump-endorsed American AI operation in Abu Dhabi unless it included him, according to a new report

The Independent UK

Khanna Criticises Trump-Backed AI Project to Open Data Center in Dubai, OpenAI Set to Assist

Ro Khanna criticises Trump's UAE AI data centre deal, suggesting it should be in the US. OpenAI may assist the UAE in a massive Dubai data centre, potentially the world's largest.

International Business Times UK

Donald Trump wraps up Gulf tour with €179 billion in UAE deals

US President Donald Trump secured €179 billion ($200 billion) worth of deals with the United Arab Emirates, including plans for the world’s largest artificial intelligence (AI) campus outside the United States, located in Abu Dhabi.

Euronews

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The Guardian - US

Trump agrees deal for UAE to build largest AI campus outside US

Agreement that would give Gulf country better access to advanced AI chips raises concerns over Chinese influence

International Business Times

US Nears Deal To Let UAE Import 500,000 Nvidia AI Chips Annually From 2025: Report

The deal is expected to last at least until 2027, with the possibility of being extended to 2030. Under the draft terms, 100,000 chips per year would go to UAE-based tech company G42.

Tom’s Hardware

U.S. issues worldwide crackdown on using Huawei Ascend chips, says it violates export controls

While scrapping the AI Diffusion Rule, the U.S. government has banned Huawei's Ascend AI processors as they allegedly use American technologies without authorization.

Fortune

Why Trump's curbs on Nvidia's China sales may not be enough to contain Beijing's AI ambitions

The U.S.'s policy goals may not be coherent, while China's own chip efforts and distributed AI training grow more capable.

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Fortune

Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets

The Middle East missed Asia's rise the first time around. They don't want to miss out again.

Tom’s Hardware

AMD CEO Lisa Su joins board of Arabian AI university

Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) appoints a new board of trustees.

Radio France Internationale

France's Mistral AI teams up with UAE-backed developers as Le Chat app launches

French AI start-up Mistral has partnered with Cerebras Systems, an artificial intelligence chip firm backed by UAE tech conglomerate G42, to power the launch of its new AI assistant Le Chat, which claims to be the world’s fastest, delivering 1,000 words per second.

The Independent UK

US ahead in AI innovation, easily surpassing China in Stanford's new ranking

The U.S. leads the world in developing artificial intelligence technology, surpassing China in research and other important measures of AI innovation, according to a newly released Stanford University index

Tom’s Hardware

OpenAI execs mused over Cerebras acquisition in 2017 — to mitigate predicted Nvidia supply woes

To reduce reliance on Nvidia, OpenAI considered to take over Cerebras.

Tom’s Hardware

Cerebras may postpone IPO as US government investigates potential AI tech transfer to China

A delayed CFIUS review of G42 investments in Cerebras may delay the latter's IPO.

Fortune

Cerebras could restart a stagnant IPO market, but clear risks abound

VC-backed AI chipmaker Cerebras filed its S-1, heralding the beginning of its public IPO journey.

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