G42

Entity category: Organization

Artificial Intelligence

Alaan Secures $48M in MENA’s Largest AI Fintech Series A Round

Alaan, a Middle Eastern spend management platform, raised $48 million in Series A funding—one of the largest fintech investments in…

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Artificial Intelligence

Nvidia Hits $4 Trillion Market Cap First in History

Nvidia became the first company to reach a $4 trillion market valuation, driven by an 18% stock surge in 2024…

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Artificial Intelligence

G42 & UAE Team Emirates-XRG Launch AI-Powered Cycling Helmet

The world’s first AI-powered cycling helmet, developed by G42, UAE Team Emirates-XRG, and MET, debuted at the Tour de France,…

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Artificial Intelligence

Nvidia Q1 Revenue Soars 69%, Crushing Estimates

Nvidia's Q1 revenue surged 69% year-over-year to $44.1 billion, despite a $4.5 billion charge from export restrictions impacting its China…

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Artificial Intelligence

UAE to Offer Free ChatGPT Plus Access to All Residents, Marking a Global First

On May 22, 2025, OpenAI and the United Arab Emirates (UAE) government announced a strategic partnership to provide free access…

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AI & Tech

OpenAI’s Abu Dhabi Data Center to Span Larger Than Monaco

OpenAI plans to build a massive 5-gigawatt AI data center campus in Abu Dhabi, spanning 10 square miles and requiring…

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AI & Tech

Jais 30B: A new era for Arabic language AI *

On November 9, 2023, the groundbreaking Arabic AI model Jais 30B launched with 30 billion parameters. Trained on extensive text…

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