AI Giant G42 Cuts Ties With China, Seeks More Presence in US

Rep. Mike Gallagher encourages more companies to follow G42’s lead, which he calls a ‘welcome first step’ in reducing their exposure to China.

Artificial Intelligence applications on display at the Artificial Intelligence Pavilion of Zhangjiang Future Park during a state-organized media tour in Shanghai, China, on June 18, 2021. Andrea Verdelli/Getty Images

Tech firm G42 is shifting its focus from China to American and other Western markets following concerns raised by U.S. lawmakers about its association with the Chinese Communist Party (CCP).

“All of our China investments that were previously made are already divested. ... Because of that, of course, we have no need anymore for any physical China presence,” Xiao Peng, the chief executive of G42, said in an interview with Bloomberg published on Feb. 12.