Mubadala-backed UAE firm G42 sets up $10b fund to invest in tech startups

Mubadala-backed UAE firm G42 sets up $10b fund to invest in tech startups

Dubai, UAE. Photo by David Rodrigo on Unsplash

Emirati artificial intelligence firm G42, chaired by the Gulf state’s national security advisor, on Thursday launched a $10 billion fund to invest in late-stage technology companies.