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G42

Updated Mar 24, 2026

How G42 stacks up in ML Platform — funding data, key investors, and more.

🇦🇪UAEPrivateML Platform

Out of 100

🇦🇪

HQ

UAE

🗓

Founded

2018

🏷️

Stage

Private

👥

Team

1000+

G42 is an Abu Dhabi-based AI and cloud computing group backed by the Abu Dhabi royal family and Mubadala Investment Company, operating a portfolio of AI subsidiaries spanning cloud infrastructure, healthcare AI, smart city technology, genomics, and foundation model development. The group provides AI cloud services and applied AI solutions to government agencies and enterprises across the UAE and

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Key Facts

  • G42 is valued at $10B as of March 2026.
  • G42 was founded in 2018 by Peng Xiao and is headquartered in UAE.
  • G42 employs approximately 1000+ people.
  • G42 operates in the ML Platform category and is currently at the Private stage.
  • G42 has an Awaira Score of 80/100, ranking it among the highly notable AI companies on Awaira.
  • G42's most recent funding round was a Corporate of $1.5B closed in April 2024, led by Microsoft.

Source: Awaira · Updated Mar 24, 2026

$10B

Post-money

N/A

All rounds

80/100

2018

1000+ employees

Strengths

Unicorn status with $10B valuation

Elite Awaira Score of 80/100

Growing team of 1000+ employees

Considerations

!

Limited disclosed funding

Analysis based on publicly available data. Not investment advice.

⚠️ ESTIMATE
💵Est. Annual Revenue
$50M–$500M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does G42 stack up against competitors?

MetricG42DataikuHugging FaceCharacter.AI
Awaira Score80/10090/10082/10070/100
Total RaisedN/A$1B$395M$150M
Valuation$10B$3.7B$4.5B$2.7B
StagePrivateSeries FSeries DSeries A
Founded2018201320162021
Employees1000+1000+250100
Country🇦🇪🇫🇷🇺🇸🇺🇸
P

Peng Xiao

Founder & CEO

View founder profile →
StagePrivate
Employees1000+
Country🇦🇪 UAE
Connect
Inactive
1 round
CorporateLatest

Led by Microsoft

$1.5B

Apr 2024

Frequently Asked Questions

What is G42's valuation?
The current market valuation is approximately $10B, based on publicly available funding data.
Who invested in G42?
On the cap table: Microsoft. Their combined backing has helped fund operations and expansion.
When did G42 last raise funding?
Capital was most recently raised through a Corporate of $1.5B in April 2024. The round was led by Microsoft.
How many employees does G42 have?
The team is roughly 1000+ people, headquartered in UAE.
What does G42 do?
G42 is an Abu Dhabi-based AI and cloud computing group backed by the Abu Dhabi royal family and Mubadala Investment Company, operating a portfolio of AI subsidiaries spanning cloud infrastructure, healthcare AI, smart city technology, genomics, and foundation model development. The group provides AI cloud services and applied AI solutions to government agencies and enterprises across the UAE and international markets, and has made significant investments in AI chip supply and data center infrastructure.
Who founded G42?
Behind the company is Peng Xiao, who got it off the ground in 2018 in UAE. Peng Xiao serves as Founder & CEO.
Is G42 profitable?
Whether the company is profitable hasn't been confirmed publicly. It has not disclosed its funding and is classified at the Private stage.
Where is G42 headquartered?
Home base is UAE 🇦🇪. The ML Platform company was founded in 2018 and operates from there.
⚔️

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