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G42 is an artificial intelligence and cloud computing company based in Abu Dhabi, United Arab Emirates, that develops AI platforms and infrastructure solutions for public and private sector organizations. The enterprise operates at a massive global scale, generating approximately $147 million in revenue while supporting a workforce of over 22,000 employees. It serves more than 23,000 customers across 30 countries through strategic technology integrations and partnerships with major multinational corporations, including Microsoft, Nvidia, AWS, and AstraZeneca. Backed by $800 million in total funding, the organization manages significant technological initiatives, such as the Condor Galaxy supercomputer project and its publicly traded big data analytics subsidiary, Presight AI. Led by Group Chief Executive Officer Peng Xiao, the firm continues to expand its global footprint across the artificial intelligence landscape. G42 was founded in 2018 by undisclosed founders.
Key people at G42.
Key people at G42.
G42 has 3 tracked investments across 3 companies. The latest tracked deal is $55.0M Series A in The Applied AI Company (AAICO) in December 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 22, 2025 | The Applied AI Company (AAICO) | $55.0M Series A | G42 | Bessemer Venture Partners, Palantir |
| Jan 25, 2022 | InstaDeep | $100.0M Series B | Arnaud Barthelemy, CDIB | BioNTech, Chimera ABU Dhabi, Deutsche Bahn Digital Ventures, Google, Synergie |
| Aug 6, 2019 | Jollychic | $65.0M Series C | G42 | — |