Abu Dhabi's Mubadala picks stake in local AI firm Group 42

Abu Dhabi's Mubadala picks stake in local AI firm Group 42

Photo: Franck V./Unsplash

Abu Dhabi state fund Mubadala said on Monday it has taken a stake in a local artificial intelligence company Group 42 (G42) after transferring ownership of two information technology companies it owns to the firm.