financetom
Business
financetom
/
Business
/
Abu Dhabi-backed G42 aims to diversify chip suppliers for AI campus, Semafor reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Abu Dhabi-backed G42 aims to diversify chip suppliers for AI campus, Semafor reports
Sep 1, 2025 4:54 AM

Sept 1 (Reuters) - Abu Dhabi-backed technology group G42

aims to diversify chip suppliers beyond Nvidia ( NVDA ) for the

UAE-U.S. AI campus, Semafor reported on Monday, citing a person

with direct knowledge of the talks.

The group is still negotiating with major American

technology firms including Amazon's ( AMZN ) AWS cloud,

Microsoft ( MSFT ), Meta and Elon Musk's xAI to become

tenants at the data center, with Google being the

furthest along in negotiations, according to the report.

G42 is looking to chipmakers AMD, Cerebras Systems

and Qualcomm ( QCOM ) to supply some of the computing capacity

at the campus, the report said.

The tech, chip firms, and G42 did not immediately respond to

Reuters' requests for comment.

The campus was announced during U.S. President Donald

Trump's visit to the Emirates in May when he announced deals

with the Gulf state totaling over $200 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Upstart Holdings Insider Sold Shares Worth $1,236,790, According to a Recent SEC Filing
Upstart Holdings Insider Sold Shares Worth $1,236,790, According to a Recent SEC Filing
Aug 22, 2024
03:30 AM EDT, 08/22/2024 (MT Newswires) -- Scott Darling, Chief Legal Officer, on August 19, 2024, sold 31,190 shares in Upstart Holdings ( UPST ) for $1,236,790. Following the Form 4 filing with the SEC, Darling has control over a total of 176,870 shares of the company, with 176,870 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1647639/000162828024038064/xslF345X05/wk-form4_1724277788.xml Price: 40.73, Change: +0.09, Percent...
Anew Medical Gets Two Noncompliance Letters From Nasdaq
Anew Medical Gets Two Noncompliance Letters From Nasdaq
Aug 22, 2024
01:42 PM EDT, 08/22/2024 (MT Newswires) -- Anew Medical ( WENA ) said it received two noncompliance letters from Nasdaq. The company failed to meet the exchange's minimum market value of publicly held shares and minimum market value of listed securities requirements, according to a regulatory filing dated Wednesday. The company said it has until Feb. 12 to regain compliance...
Market Chatter: Southwest Airlines Seeks Feedback on Possible Free-Bag Policy Changes
Market Chatter: Southwest Airlines Seeks Feedback on Possible Free-Bag Policy Changes
Aug 22, 2024
01:35 PM EDT, 08/22/2024 (MT Newswires) -- Southwest Airlines ( LUV ) surveyed some loyalty members and consumers last week about possible changes to its bags fly free policy, Bloomberg reported Thursday. The questionnaire sought customer feedback on bag fees, travel habits, loyalty status benefits and booking preferences, the report said. In the hypothetical bag policy, the cheapest fares include...
Orthopediatrics Insider Sold Shares Worth $293,000, According to a Recent SEC Filing
Orthopediatrics Insider Sold Shares Worth $293,000, According to a Recent SEC Filing
Aug 22, 2024
01:38 PM EDT, 08/22/2024 (MT Newswires) -- Daniel J Gerritzen, General Counsel and Secretary, on August 21, 2024, sold 10,000 shares in Orthopediatrics ( KIDS ) for $293,000. Following the Form 4 filing with the SEC, Gerritzen has control over a total of 77,304 shares of the company, with 77,304 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1425450/000142545024000083/xslF345X05/wk-form4_1724347953.xml Price: 31.07, Change: -0.37,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved