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THIS MORNING: G42 reportedly eyeing bringing in US majority shareholder + S&P sees increased oil production as boosting growth
The government is cracking down on fake goods suppliers with a 24-hour withdrawal notice
THIS MORNING: G42 explores raising bns of USD from outside investors + UAE and Qatar are adding LNG to ship-to-ship transfer play
Plus: Nigeria, UAE talk to adding 5 GW to Nigeria’s power push
G42 joins Nvidia’s alliance for open-source AI
G42 is backing Nvidia’s push to make AI security tools more open and less dependent on systems controlled by a…
THIS MORNING: Debt spreads widen again + Is e& scaling back its expansion plans?
Plus: G42 mulls selling shares to US investors, WSJ reports
Core42 secures USD 550 mn from HSBC to scale AI infrastructure abroad
The G42-owned firm will use the funds to accelerate cloud and compute deployments across the US and Europe
THIS MORNING: G42’s USD 1 bn Kenya data center hits another speedbump + another firm adopts AE Coin payments
Plus: AED 55 bn of PPP infrastructure projects are up for grabs in Abu Dhabi
Abu Dhabi-based AppliedAI is expanding into Asia
The firm is expanding into Singapore, Malaysia, and Hong Kong
Etihad adds more Africa routes, Abu Dhabi pushes into affordable housing, more support measures from Dubai South, G42-backed AI firm launches new model
Etihad has been bolstering its network recently, adding routes to China
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