The UAE has shown it can “guarantee the safety and the security” of chips “if and when they are being deployed and used here,” Peng Xiao, CEO of UAE AI firm G42, told CNBC on Tuesday.

What Happened: The investment deal was inked by Microsoft President Brad Smith and G42 CEO Peng Xiao, with the backing of the UAE and U.S. governments. The agreement entails G42’s use of ...

The Abu Dhabi government is partnering with Microsoft and Core42 for AI infrastructure and a sovereign cloud offering in the ...

BlackRock CEO Larry Fink said in January that Bitcoin could reach $700K if sovereign wealth funds allocate just 2–5%. Now, BlackRock is expanding to Solana.

Cleveland Clinic and G42 partner to leverage AI for transforming patient care, enhancing medical research, and optimizing ...

Cleveland Clinic and G42, a global provider in Artificial Intelligence, AI, are collaborating to drive AI-powered advancements in healthcare. As part of this initiative, the organisations will form a ...

The negotiations involved high-level figures including G42 CEO Peng Xiao, Sheikh Tahnoon, UAE ambassador Yousef Al Otaiba, and G42's general counsel. In February, Peng Xiao confirmed a shift away ...

The emirate aims to become the world’s first fully AI-native government by 2027, leveraging a sovereign cloud system to ...

“AI’s potential to transform the healthcare industry remains largely untapped,” said Peng Xiao, Group CEO of G42. “From deciphering the source code of life – our genome – to optimising efficiencies ...

Chairman of the Department of Government Enablement – Abu Dhabi (DGE), signed the agreement alongside Microsoft Chairman and CEO Satya Nadella and G42 Group CEO Peng Xiao. Abu Dhabi’s goal is ...

The agreement will create a unified, high-performance sovereign cloud computing environment capable of processing more than 11 million daily digital interactions between Abu Dhabi Government entities, ...