G42 severed ties with China for commercial and technological reasons

G42’s decision to sever ties with Chinese businesses was a “commercial and technological one,” the group’s chief technology officer Kiril Evtimov told CNBC in an interview (watch, runtime 2:47) on the sidelines of the World Government Summit. Seeking to partner with the “best in class […] to accelerate the delivery of AI capabilities,” the IHC-backed tech and AI company made the decision to “work very closely with US partners,” Evtimov said.

ICYMI- G42 recently offloaded all its stakes in Chinese companies in a bid to “reassure” US partners, after a letter from a US congressional committee accused the tech group of working with the Chinese military.