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The Latest Breaking News from G42

Cerebras Stock Opened Trading with a Wild Rally. It Still Has a Lot of Runway Before It Catches Up with Nvidia and AMD.

Recently, Cerebras went public with the largest IPO of the year, but it is still far away from the big names in the AI space.

Barchart

Microsoft's $1 billion Kenya AI data center project hits a major hurdle as the government says it would require switching off 'half the country' to meet power needs

Microsoft and G42 data center plans in Kenya face power capacity constraints as the national grid struggles with electricity demand requirements

TechRadar

Cerebras’ blockbuster debut shows the AI infrastructure boom is far from over

The offering is one of the largest U.S. tech IPOs in years and is seen as a wider stress test for a wave of AI listings Wall Street is bracing for later in the year.

Fortune

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Cerebras Stock Just Hit the Markets in the Largest IPO of 2026. Nvidia Investors, Be Warned.

The success of the Cerebras IPO, and particularly in the last-minute attempt by Arm to acquire the company prior to its debut, highlights just how strategic it is.

Barchart

'We would need to shut off power for half the country': Microsoft's $1 billion Kenya data center project runs out of juice

'Future generations will be overburdened by the current decisions.'

PC Gamer

Kenya's President warns Microsoft’s $1 billion AI data center will "switch off half the country" — but my government insists it hasn't failed or withdrawn from the project

Microsoft’s $1 billion Kenyan AI data center stalls as the power grid struggles to meet demand, sparking fears of blackouts and resource strain.

Windows Central

Microsoft's massive Kenya AI data center would require switching off 'half the country' to meet power requirements, government says — $1 billion project stalls over capacity disagreements and lack of infrastructure

The project was supposed to bring a geothermal-powered data center to the Olkaria region in Kenya's Rift Valley.

Tom’s Hardware

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Microsoft's African data center falters on payment demands, Bloomberg News reports

Microsoft's planned data center in Kenya faces delays. Disagreements with the Kenyan government over guaranteed payments have stalled the project. The company partnered with G42 for a $1 billion investment. Talks are ongoing, but the scale of the facility requires further structuring. Power requirements are also under discussion.

The Economic Times

Cerebras files for IPO — company remains unprofitable despite 20x revenue growth

Cerebras' sales hit half a billion dollars in 2025, but 86% of its revenue comes from Abu Dhabi-based G42 and Mohamed bin Zayed University of Artificial Intelligence, which represents major risks.

Tom’s Hardware

How a ‘spy sheikh’ bought 49% of the Trump family’s flagship crypto company: ‘We’ve got some pretty meaningful investors’

Investors with ties to the Abu Dhabi royal family signed a deal to inject $500 million into World Liberty Financial.

Fortune

Why Nvidia CEO Jensen Huang namechecked this Saudi AI startup three times in his earnings call

Humain, founded by Saudi Crown Prince Mohammed bin Salman, has signed a series of landmark deals with Amazon and xAI that all involve Nvidia's AI chips.

Fortune

Microsoft is investing $15.2 billion in the world's AI hotspot — Why that's great news for NVIDIA and its specialized GPUs

Microsoft says it plans to spend another $7.9 billion in the UAE's AI buildout from 2026 until 2029, and NVIDIA's specialized AI GPUs are at the heart of the expenses.

Windows Central

Nvidia Rallies As Microsoft Expands AI Infrastructure In Middle East With US Backing

Nvidia Corp (NASDAQ:NVDA) shares are trading higher after the U.S. reportedly approved Microsoft Corp (NASDAQ:MSFT) to ship the U.S. chip designer’s artificial intelligence chips for use in the United Arab Emirates (UAE).

Benzinga

'A kid born in 2025 is unlikely to ever be as smart as artificial intelligence': Sam Altman thinks it's OK for AI to be smarter than us all - and I am sure we will be totally, totally fine

Sam Altman says humanity can still find happiness and purpose in an AI-driven age.

TechRadar

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PC Gamer

The US has approved billions worth of Nvidia GPU exports to the United Arab Emirates in 'transformational US-UAE AI partnership deal'

Who will come out ahead in the AI race?

Tom’s Hardware

U.S. finally grants Nvidia license to ship AI GPUs to UAE: 500,000 Blackwell GPUs coming to the Gulf region

The U.S. has approved tens of billions worth of Nvidia AI hardware exports to the UAE under a new bilateral agreement linking up to 500,000 GPU shipments per year with $1.4 trillion in Emirati investment, in the U.S.

Benzinga

Is Washington Handing China A Win With Nvidia Sales?

Nvidia (NASDAQ:NVDA) stock is taking a hit Friday as a U.S. government decision to permit the chip giant to resume sales of its H20 AI chips to China faces strong opposition from House Select Committee on China Chairman John Moolenaar.

Barchart

Elon Musk Was ‘Abusing His Power In the Government to Unfairly Compete’ Says OpenAI CEO Sam Altman: ‘It’s Unfortunate for the Country’

Sam Altman accuses Elon Musk of trying to block OpenAI’s Stargate UAE project, escalating tensions in the global AI race.

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news in one place.

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Fortune

A top OpenAI executive says AI sovereignty may depend on how much a company can afford to spend

OpenAI's chief strategy officer Jason Kwon suggests that capital and data will determine which countries benefit from working with the AI company.

The Independent UK

Musk tried to block massive Trump-backed Mideast AI deal unless he was included: report

Elon Musk rushed to the Mideast to hold up a massive Trump-endorsed American AI operation in Abu Dhabi unless it included him, according to a new report

International Business Times UK

Khanna Criticises Trump-Backed AI Project to Open Data Center in Dubai, OpenAI Set to Assist

Ro Khanna criticises Trump's UAE AI data centre deal, suggesting it should be in the US. OpenAI may assist the UAE in a massive Dubai data centre, potentially the world's largest.

Euronews

Donald Trump wraps up Gulf tour with €179 billion in UAE deals

US President Donald Trump secured €179 billion ($200 billion) worth of deals with the United Arab Emirates, including plans for the world’s largest artificial intelligence (AI) campus outside the United States, located in Abu Dhabi.

The Guardian - US

Trump agrees deal for UAE to build largest AI campus outside US

Agreement that would give Gulf country better access to advanced AI chips raises concerns over Chinese influence

International Business Times

US Nears Deal To Let UAE Import 500,000 Nvidia AI Chips Annually From 2025: Report

The deal is expected to last at least until 2027, with the possibility of being extended to 2030. Under the draft terms, 100,000 chips per year would go to UAE-based tech company G42.

Tom’s Hardware

U.S. issues worldwide crackdown on using Huawei Ascend chips, says it violates export controls

While scrapping the AI Diffusion Rule, the U.S. government has banned Huawei's Ascend AI processors as they allegedly use American technologies without authorization.

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