UAE Abu Dhabi's CPX-Core42 merger plans have cyber providers worried - Intelligence Online

Summary

Abu Dhabi's cybersecurity group CPX is set to merge with AI firm Core42, creating a potentially dominant entity in the UAE's digital security landscape. This consolidation raises concerns among smaller cyber providers who fear being squeezed out of the market. CPX's existing government contracts, combined with Core42's AI capabilities, could create an unfair competitive advantage. Why it matters: The merger highlights the UAE's strategy to centralize its AI and cybersecurity capabilities, but also raises questions about market competition and the role of smaller players in the country's tech ecosystem.