G42 Weighs Selling US-Majority Stake to Safeguard AI Chips

Abu Dhabi's G42 has held "exploratory talks over potentially selling a majority stake to American companies" as it looks for a way to keep buying advanced chips once its current export arrangement runs out, Bloomberg reported. The company can currently purchase cutting-edge AI chips without a US license until around April 2027, and needs to change its corporate structure to keep that door open.

Two shapes are reportedly on the table: bringing in a US company as a majority shareholder, or setting up an entirely new vehicle in America. No final decisions have been made.

G42 is overseen by an influential member of the royal family and was set up about eight years ago to lead Abu Dhabi's first big foray into technology. Microsoft already holds a $1.5 billion minority stake and a board seat; the cap table also includes Silver Lake and Abu Dhabi's Mubadala Investment Co.

The backdrop is a July 2026 export rule change that opened license-free UAE access to Nvidia Blackwell and AMD Instinct processors, but on a nine-month clock. This is not the first report in our chips coverage that G42 could restructure toward US ownership to secure a durable supply, though the specifics — who buys, how much, and whether Sheikh Tahnoon's camp cedes voting control — remain unsettled.