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Abu Dhabi's G42 Holds Exploratory Talks to Raise Billions of Dollars

September 2, 2026 at 17:51 EDT

Funding & M&A
Infra & Chips

Abu Dhabi-based artificial intelligence group G42 has held exploratory talks with potential investors to raise billions of dollars, people familiar with the matter said, and could join other state-linked firms in the oil-rich emirate in tapping outside financing.

Sept. 2, 2026 · G42

G42 weighs a multibillion raise

The Abu Dhabi AI group has held exploratory talks with potential investors. No size or structure has been decided, and the company declined to comment.

Campus scale

Planned UAE-US AI campus versus the first 1 GW cluster — a 5× step-up, drawn to scale.

1 GW

First cluster

5 GW

Full campus plan

Each block = 1 GW. The taller stack is five times the first cluster.

$1.5B

Microsoft minority stake, 2024

200 MW

Khazna expansion with Microsoft

$15.2B

Microsoft UAE spend through 2029

Where talks stand

Exploratory talks

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Size unset

→

Structure open

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Possible raise

Why it is in play

The CEO said in January that G42 could take another Microsoft-like strategic investment. The group is profitable, with about half of sales outside the UAE.

What is not decided

Talks are exploratory. No new investors are named, the amount is unset, and U.S. officials still flag diversion risk from past China ties.

Key condition

Billions are under discussion. A deal is not.

Existing backers remain Mubadala, Silver Lake, and Microsoft. Any new capital would sit on top of a 5 GW campus plan, not a closed round.

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