G42, Abu Dhabi’s AI and cloud computing company, is exploring the sale of a majority stake to US companies as it seeks to secure advanced AI chips beyond next year. Bloomberg reported on Sept. 4 that the discussions could reshape ownership of the roughly eight-year-old company, chaired by UAE National Security Adviser Sheik Tahnoon bin Zayed Al Nahyan. G42 has approval to purchase AI chips without a US license until around April 2027, while broader US export controls have complicated its access to Nvidia and other American processors. The company reduced its China-linked holdings and hardware, including Huawei equipment and a stake in ByteDance, in 2024. Microsoft holds a $1.5 billion minority stake and a board seat, while Silver Lake and Abu Dhabi wealth fund Mubadala Investment Co are also investors. G42 is also developing a 5-gigawatt UAE-US AI Campus in Abu Dhabi using Nvidia chips. No transaction has been finalized, and G42 declined to comment. The UAE’s planned $1.4 trillion US investment is linked in the report to possible easing of export restrictions, while scrutiny has also focused on StringZ Holding’s 49% stake in Trump-linked World Liberty Financial’s WLTC Holdings. Separately, Nvidia agreed to acquire Hugging Face for nearly $13 billion, according to the source.