Arthur Mensch, co-founder and chief executive of Mistral AI (centre), Eric Xing, president of the Mohammed bin Zayed University of Artificial Intelligence, (left) and Peng Xiao, group chief executive of G42. Photo: G42
Arthur Mensch, co-founder and chief executive of Mistral AI (centre), Eric Xing, president of the Mohammed bin Zayed University of Artificial Intelligence, (left) and Peng Xiao, group chief executive of G42. Photo: G42
Arthur Mensch, co-founder and chief executive of Mistral AI (centre), Eric Xing, president of the Mohammed bin Zayed University of Artificial Intelligence, (left) and Peng Xiao, group chief executive of G42. Photo: G42
Arthur Mensch, co-founder and chief executive of Mistral AI (centre), Eric Xing, president of the Mohammed bin Zayed University of Artificial Intelligence, (left) and Peng Xiao, group chief executive

Abu Dhabi's G42 and France's Mistral AI team up for AI infrastructure development


Alvin R Cabral
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UAE artificial intelligence company G42 and France's Mistral AI have teamed up to develop advanced platforms and infrastructure for the technology, marking the second major AI deal between the two countries this week.

The partnership involves training AI models and system development meant for industry-specific operations across the Middle East, Europe and the Global South, the companies said in a joint statement on Tuesday.

The Global South – which includes countries in Africa, Latin America, the Caribbean, Asia and Oceania, but excludes Japan, South Korea, Australia and New Zealand – has emerged economically due to advancements in investments and technology.

Abu Dhabi's G42 and Paris-based Mistral will also explore opportunities to promote each other’s services in their existing and international markets, they said. The partnership emphasises the "new model" of AI development, which "balances sovereignty with interoperability and ambition with accountability", Peng Xiao, group chief executive of G42, said in the statement.

“We’re not just building technology, we’re laying the groundwork for a digitally interdependent future where trust and transparency are non-negotiable," he said.

As part of the agreement, Mistral AI will collaborate with Abu Dhabi's Mohamed bin Zayed University of Artificial Intelligence on research and development in AI foundation models, talent development and real-world AI solutions.

This will advance AI technology in energy efficiency and safety, said Eric Xing, president of MBZUAI.

G42 has been at the forefront of the UAE’s AI growth strategy and has led efforts by Abu Dhabi to elevate the country's technology sector globally.

The deal comes after Monday's announcement that MGX, an Abu Dhabi-based investment firm for AI, and AI chip leader Nvidia were to build the largest AI campus in Europe, along with French companies.

UAE President Sheikh Mohamed and French President Emmanuel Macron met in Paris in February, where investment in an AI campus in France was discussed. The UAE and France have maintained a Comprehensive Strategic Energy Partnership since 2022.

G42 was this month reported to be embarking on an expansion in the US and, before the arrival of US President Donald Trump to the UAE, the company signed an initial agreement with US technology company Cisco to explore AI infrastructure development across the public and private sectors.

In 2023, G42 unveiled a new entity, Core42, which merged three of its key units – G42 Cloud, its research and development arm Inception, and ICT unit Injazat – to focus on delivering AI solutions and services on a national scale.

At the Gitex Global technology summit that year, G42 announced a partnership with ChatGPT maker OpenAI, focusing on using its models in areas where G42 operates, including financial services, energy, health care and public services.

More major partnerships with AI bellwethers were announced last year. In April, G42 received a $1.5 billion investment from Microsoft, which will help to further boost the company's global expansion plans and strengthen the UAE's position as a global technology hub.

In September, G42 partnered with Nvidia to develop AI solutions aimed at enhancing the accuracy of weather forecasting globally, driving advanced climate solutions through Nvidia’s Earth-2 platform that can make climate and weather predictions with interactive, AI-augmented, high-resolution simulations.

G42's moves are in line with the UAE’s aim to become a global AI leader, continuing to tap into new-age technologies. The Emirates has attracted interest for its potential to become a global AI hub and has pivoted towards partnerships with technology companies from the West.

The alliance with G42 "accelerates ... [and] also ensures that the benefits of AI extend beyond traditional tech hubs", said Arthur Mensch, co-founder and chief executive of Mistral AI.

Other acts on the Jazz Garden bill

Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

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Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

Celta Vigo 2
Castro (45'), Aspas (82')

Barcelona 2
Dembele (36'), Alcacer (64')

Red card: Sergi Roberto (Barcelona)

The specs

Price, base / as tested Dh12 million

Engine 8.0-litre quad-turbo, W16

Gearbox seven-speed dual clutch auto

Power 1479 @ 6,700rpm

Torque 1600Nm @ 2,000rpm 0-100kph: 2.6 seconds 0-200kph: 6.1 seconds

Top speed 420 kph (governed)

Fuel economy, combined 35.2L / 100km (est)

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Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Updated: May 20, 2025, 2:29 PM