G42 Acquires Abu Dhabi-based Cybersecurity Company CPX to Enhance Security in AI Chain

6 months ago 41

Last updated October 8, 2024
In AI News

G42 has partnered with Microsoft, NVIDIA and other tech players too.

Abu Dhabi-based AI and cloud computing company, G42, has announced the acquisition of CPX, a homegrown cybersecurity leader known for delivering digital-first solutions and services. This strategic addition to G42’s portfolio integrates advanced cybersecurity capabilities across the AI value chain.

With CPX’s deep expertise and talent, G42 is positioned to address evolving cybersecurity challenges, ensuring comprehensive protection for its clients and its own AI-driven platforms and services.

Headquartered in Abu Dhabi, CPX employs over 400 specialists who serve enterprises, governments, and critical infrastructure sectors. The company offers a full range of cybersecurity capabilities, ensuring organisations can safeguard their digital assets and remain compliant with rapidly evolving regulatory standards.

G42 Speeds Through Transformation

G42 has been making strategic partnerships with big tech companies over the last year. G42 has tied up with Microsoft over billion dollars worth projects to help build AI capabilities in Middle Eastern countries and Kenya. Recently, Microsoft along with G42 announced two new AI centres in Abu Dhabi.

G42 has even partnered with GPU king NVIDIA for generating climate solutions through the latter’s Earth-2 platform, in support of G42’s new climate tech lab at Abu Dhabi.

At the recent AIM Cypher 2024, India’s largest AI summit, G42’s India CEO Manu Kumar Jain, announced their plans to establish the largest data centre in India, and introduced a local ‘Hinglish’ LLM named NANDA, after India’s second-highest peak.

The financial details of the latest acquisition of CPX have not been disclosed. However, this move is expected to significantly bolster G42’s capabilities in the competitive AI and cloud computing market, particularly as businesses increasingly prioritise security in their digital transformation efforts.

Vandana Nair

As a rare blend of engineering, MBA, and journalism degree, Vandana Nair brings a unique combination of technical know-how, business acumen, and storytelling skills to the table. Her insatiable curiosity for all things startups, businesses, and AI technologies ensures that there's always a fresh and insightful perspective to her reporting.

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