{"id":89135,"date":"2024-02-16T00:00:00","date_gmt":"2024-02-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/g42-severed-ties-with-china-for-commercial-and-technological-reasons\/"},"modified":"2024-02-16T00:00:00","modified_gmt":"2024-02-16T00:00:00","slug":"g42-severed-ties-with-china-for-commercial-and-technological-reasons","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/02\/16\/g42-severed-ties-with-china-for-commercial-and-technological-reasons\/","title":{"rendered":"G42 severed ties with China for commercial and technological reasons"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>G42\u2019s decision to <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/edition\/am\/45bff422-6aef-41f5-bd13-0fce03beb4d9\/Real-estate-market-growth-will-be-driven-by-expats-%2B-HNWI,-Markaz-suggests#:~:text=Did%20G42%20offload,FT%20last%20December.\" style=\"\" rel=\"noopener\">sever ties with Chinese businesses<\/a><\/strong><strong> was a \u201ccommercial and <\/strong><strong>technological one,\u201d <\/strong>the group\u2019s chief technology officer Kiril Evtimov told CNBC in an interview (<a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/video\/2024\/02\/14\/cto-of-uae-ai-firm-g42-explains-decision-to-cut-ties-with-china.html?&qsearchterm=\" style=\"\" rel=\"noopener\">watch, runtime 2:47<\/a>) on the sidelines of the World Government Summit. Seeking to partner with the \u201cbest in class [\u2026] to accelerate the delivery of AI capabilities,\u201d the IHC-backed tech and AI company made the decision to \u201cwork very closely with US partners,\u201d Evtimov said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> G42 recently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/edition\/am\/45bff422-6aef-41f5-bd13-0fce03beb4d9\/Real-estate-market-growth-will-be-driven-by-expats-%2B-HNWI,-Markaz-suggests#:~:text=Did%20G42%20offload,FT%20last%20December.\" style=\"\" rel=\"noopener\">offloaded all its stakes<\/a> in Chinese companies in a bid to \u201creassure\u201d US partners, after a letter from a US congressional committee accused the tech group of working with the Chinese military.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company\u2019s CEO revealed the reasons on the sidelines of the World Government Summit<\/p>\n","protected":false},"author":1,"featured_media":89136,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1551],"tags":[284,7,599,41],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae-in-the-news","tag-china","tag-enterpriseam-uae","tag-g42","tag-uae-in-the-news","wpautop","entry"],"acf":{"mongo_id":"c47ed554-0a01-4d66-8cc4-9b72649a1db9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/1\/1579.jpeg","photo_position":"above","homepage_title":"","full_issue_title":"G42 severed ties with China for commercial and technological reasons","related_issue":[89115],"teaser":"The company\u2019s CEO revealed the reasons on the sidelines of the World Government Summit","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.e65f9c70-d1ff-4509-adcb-701ed67687d5.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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