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Microsoft-Backed G42 Eyes Billions in External Funding
Abu Dhabi-based AI firm G42 is reportedly weighing a massive funding round to raise billions of dollars from potential investors.
No final decisions have been made on the structure of any potential deal or the size of the capital raise, according to people familiar with the matter.
The exploratory talks come as other state-linked firms in the emirate tap external financing. G42 has already partnered with Microsoft and OpenAI on a data center campus under construction between them in Abu Dhabi.