G42, an Abu Dhabi-based AI and cloud computing company, recently announced the acquisition of local cybersecurity leader CPX. This strategic acquisition will infuse G42's product portfolio with robust cybersecurity capabilities, enhancing its competitiveness in the AI value chain.
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CPX, headquartered in Abu Dhabi, employs over 400 professionals dedicated to providing cybersecurity services for enterprises, governments, and critical infrastructure. CPX's extensive experience and specialized talent will help G42 address increasingly complex cybersecurity challenges, offering comprehensive protection for its clients and its own AI platforms, ensuring the safety of their digital assets.
In the past year, G42 has also actively engaged in strategic collaborations with several major tech companies. For instance, G42 partnered with Microsoft on a project worth over a billion dollars, focusing on enhancing AI capabilities in the Middle East and Kenya. Recently, G42 and Microsoft also announced the establishment of two new AI centers in Abu Dhabi.
Simultaneously, G42 has collaborated with global GPU giant NVIDIA to generate climate solutions using its Earth-2 platform, supporting G42's new climate technology lab in Abu Dhabi.
At the recent AIM Cypher2024 conference, Manu Kumar Jain, CEO of G42 India, revealed plans to build the largest data center in India and launch a local "Hindi-English" large language model named NANDA, in honor of India's second-highest peak.
Although the specific financial details of the CPX acquisition have not been disclosed, this move will undoubtedly significantly enhance G42's strength in the competitive AI and cloud computing market, especially as more enterprises prioritize cybersecurity in their digital transformations.
Key Points:
🌐 G42 acquires Abu Dhabi's cybersecurity firm CPX to bolster AI security capabilities.
🤝 G42 collaborates with tech giants like Microsoft and NVIDIA to advance AI development and climate solutions.
📈 CPX's cybersecurity expertise will help G42 tackle complex cybersecurity challenges, safeguarding clients' digital assets.
