DEPLOYDatabase

Company

G42

G42 is an Abu Dhabi technology holding company founded in 2018 and chaired by Sheikh Tahnoun bin Zayed Al Nahyan, the UAE's National Security Advisor.

Founded
2018
Status
Private

The verified answer

As of Oct 2026, DEPLOY verifies G42: $1.5B raised. 5 sources back the record.

Funding

$1.5B

Employees

25k

Overview

G42 is an Abu Dhabi technology holding company founded in 2018 and chaired by Sheikh Tahnoun bin Zayed Al Nahyan, the UAE's National Security Advisor. Its group CEO, Peng Xiao, has built G42 into the anchor of the UAE's national AI strategy, spanning cloud infrastructure (Core42), analytics (Presight), healthcare (M42), satellite (Space42), and a controlling stake in Khazna Data Centers, the UAE's largest colocation operator. Mubadala is the majority sponsor; Silver Lake, Microsoft, and the Dalio Family Office are minority holders.

On the datacenter side, G42's exposure flows through Khazna, which is co-owned with MGX and Silver Lake and led by CEO Hassan Alnaqbi. Khazna runs a portfolio of hyperscale sites across the UAE (Abu Dhabi and Dubai clusters plus an announced Ajman AI campus) and has been retrofitting facilities such as AUH6 for GPU workloads. The flagship next-generation project is Stargate UAE, unveiled in May 2025 with OpenAI, Oracle, Nvidia, SoftBank, and Cisco, targeting a 5 GW campus in Abu Dhabi with a 1 GW first phase slated to come online in 2026.

G42's trajectory pivoted in 2024 when Microsoft made a $1.5 billion strategic investment, put Vice Chair Brad Smith on the board, and secured commitments that G42 would divest Chinese holdings and standardize on Azure. That deal reset the company as a US-aligned AI infrastructure vehicle for the Gulf and positioned it as the operating counterpart to MGX, the sovereign AI fund also chaired by Sheikh Tahnoun.

Verified record

Verified deployments
None on file
Active incidents
None on file

Key facts

CEO

Peng Xiao (Group CEO)

Founded

2018

Microsoft investment

US$1.5 billion (April 2024)

Subsidiaries

Khazna Data Centers, Presight AI, Bayanat

Stargate UAE

Partner with OpenAI, Oracle, SoftBank, NVIDIA, Cisco

Headquarters

Group CEO

Peng Xiao (founder and Group CEO since inception)

Chairman

Sheikh Tahnoun bin Zayed Al Nahyan, UAE National Security Advisor

Ownership

Private; majority-owned by Mubadala, with minority stakes held by Silver Lake, Microsoft, and the Dalio Family Office

Datacenter operating arm

Flagship AI campus

Stargate UAE, Abu Dhabi: a 5 GW project with OpenAI, Oracle, Nvidia, SoftBank, and Cisco; 1 GW first phase targeted to come online in 2026

AI capacity commitment

~100 MW dedicated AI capacity announced at Khazna's Ajman facility, plus AUH6 retrofit for GPU workloads

Microsoft partnership

$1.5B strategic investment April 2024; Brad Smith joined the board; G42 standardized on Microsoft Azure and divested Chinese holdings including Huawei equipment

Silicon partners

Nvidia (compute partner for Stargate UAE and Core42 clusters); Cerebras (prior wafer-scale compute partnership through Core42/Condor Galaxy program)

Group headcount

~25,000 employees across G42 operating companies as of 2024

Subsidiary map

Operating companies include Core42 (cloud/HPC), Presight (analytics; ADX-listed), M42 (health), Space42 (satcom; ADX-listed), and Khazna (colocation)

Public listing status

G42 itself is private; portfolio companies Presight AI and Space42 are listed on the Abu Dhabi Securities Exchange

Datacenter footprint

Khazna operates the UAE's largest colocation network across Abu Dhabi and Dubai, with an announced Ajman AI campus

Data & sources

Web sources

5

5 sources backing this record.View all →

G42 on the deployment map

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Current leadership (6)

Safety record

No incidents on record for G42.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

G42 on the data-center map

Every verified data center G42 operates that has a mapped coordinate (6 total). Filled circles are Tier-2 facilities and Tier-1 campuses under this operator; click any pin to open its record.

G42 data centers (7)

AI data centers G42 operates or is a party to, from the DEPLOY data center registry.

Recent coverage

G42 in third-party press

Mentioned on (7)

Registry pages whose text names G42.