UAE company G42 is participating in a project to build data centers in Vietnam in the field of artificial intelligence, with expected investments amounting to $1 billion.
G42 is collaborating with Vietnamese companies FPT and Viettel in an alliance to establish three data centers.
A statement from G42, which specializes in artificial intelligence and cloud computing, explained that the agreement signed in Ho Chi Minh City is supported by “usage commitments worth up to $1 billion,” without specifying the size of the data centers.
UAE-US Partnership
The UAE has invested in infrastructure and skills related to artificial intelligence, seeking to occupy a prominent position in this field.
G42, which was founded in 2018 in Abu Dhabi, is establishing a one-gigawatt data center in the desert as part of the “UAE Stargate” project.
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Among the company’s shareholders are the UAE sovereign wealth fund Mubadala and the American technology company Microsoft, which invested $1.5 billion in G42 in 2024.
G42
G42 is a prominent technology holding company based in Abu Dhabi, United Arab Emirates, founded in 2018. It focuses on artificial intelligence, cloud computing, and other advanced technologies, and has grown rapidly through strategic partnerships and investments to position itself as a key player in the global tech industry.
Vietnam
Vietnam is a Southeast Asian country with a rich history shaped by millennia of indigenous cultures, Chinese imperial rule, and French colonialism, culminating in its independence during the 20th century. It is renowned for its diverse cultural heritage, including UNESCO sites like Ha Long Bay and the ancient town of Hoi An, which reflect its complex historical layers.
FPT
FPT is a leading technology corporation in Vietnam, founded in 1988 as a telecommunications company. It has since expanded into software development, education, and digital services, playing a significant role in the country’s IT sector and digital transformation.
Viettel
Viettel is a major Vietnamese telecommunications company, founded in 1989 as a military-run enterprise. It has since grown into one of the largest mobile network operators in Vietnam and a significant global technology and defense corporation.
Ho Chi Minh City
Ho Chi Minh City, formerly known as Saigon, is the largest city in Vietnam and a major economic hub. It served as the capital of the French colony of Cochinchina and later of the independent Republic of Vietnam until the end of the Vietnam War in 1975, when it was renamed after the revolutionary leader Ho Chi Minh.
UAE
The United Arab Emirates is a federation of seven emirates on the Arabian Peninsula, established in 1971 following the end of British protection. Historically a region of pearl diving, fishing, and trade, it has rapidly transformed into a global hub of commerce, tourism, and innovation, with iconic modern landmarks like the Burj Khalifa in Dubai and the Sheikh Zayed Grand Mosque in Abu Dhabi.
Abu Dhabi
Abu Dhabi is the capital city of the United Arab Emirates, historically a settlement centered around a freshwater well and a pearl diving economy. It transformed rapidly in the late 20th century following the discovery of oil, becoming a modern global metropolis known for its striking architecture and cultural landmarks like the Sheikh Zayed Grand Mosque.
UAE Stargate
The “UAE Stargate” is a nickname for the Abrahamic Family House, an interfaith complex in Abu Dhabi inaugurated in 2023. It houses a mosque, a church, and a synagogue side-by-side, symbolizing peace and coexistence among the three Abrahamic religions. Its creation was inspired by the 2019 Document on Human Fraternity signed by Pope Francis and the Grand Imam of Al-Azhar.
Mubadala
Mubadala is an Abu Dhabi-based sovereign wealth fund and investment company founded in 2002 by the government of the Emirate of Abu Dhabi. It was established to diversify the local economy beyond oil and gas by investing in a wide range of sectors, both domestically and internationally.
Microsoft
Microsoft is an American multinational technology company founded by Bill Gates and Paul Allen in 1975, which became globally dominant through its Windows operating system and Office software suite. It has since expanded into cloud computing, gaming, and hardware, playing a pivotal role in the personal computing revolution and shaping modern digital culture.
