Abu Dhabi-based G42 is evaluating a majority stake sale to U.S. technology firms to guarantee continued access to advanced AI accelerators.

According to insider reports cited by Odaily News, executives at the Abu Dhabi-based AI company G42 have recently held exploratory discussions regarding the sale of a majority stake to American enterprises. The initiative aims to secure continued access to high-end AI chip supplies beyond next year.

Sources note that G42 is seeking to further safeguard its access to advanced AI chips by attracting American capital and strategic partners. Should a deal materialize, it would prompt significant equity restructuring for the company. Founded approximately eight years ago, G42 is led by a key member of the UAE royal family. (Bloomberg)