G42: Compute as the Business

David’s question: “Well, who else is missing from this?”

Eve: “The thing that makes G42 different from every other name on this list: it doesn't really have a product. It has a thesis that compute plus sovereign cloud plus government contracts is itself the business, and the UAE's small population and fast execution are the unfair advantage. Whether that scales past being a landlord for OpenAI's overflow is the open question — but the Greece expansion and the LeCun deal suggest they're trying to become the Mistral-plus-infrastructure play for the entire Middle East and beyond.”