Cloud Computing & Data Centers

Core42

High60% confidenceProfile verified Jul 27, 2026
OverviewMore SignalsSourcesDependency mapStoryMilestones

G42's sovereign cloud and AI compute infrastructure subsidiary, formed in February 2024 by consolidating G42 Cloud, Khazna Data Centers, and Inject AI. Core42 serves enterprise, government, and hyperscale customers across the UAE and internationally (with a European hub in Dublin and deployments in Italy and France), secured a $550 million financing deal via HSBC in 2026 to scale AI infrastructure globally, and jointly launched a sovereign GPU compute platform with telecom group e& for UAE enterprise and government customers.

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Additional Intelligence Signals

Patent citation lineage, earnings-call mentions, and federal contract disclosures — automatically collected, not yet visible anywhere else on the site.

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Sources

Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.

Evidence

1 source · 56% avg. source confidence

  • Serrari Group — Core42 secures $550M HSBC deal to fuel global AI expansion56% source confidence

Correlated Activity

Both Core42 and G42 / MGX (UAE) — which it depends on — are showing accelerating Activity at the same time (1 recorded change for G42 / MGX (UAE) in the last 90 days).

Timing correlation only — not evidence of a causal link

Both Core42 and e& (Etisalat Group) — which it depends on — are showing accelerating Activity at the same time (1 recorded change for e& (Etisalat Group) in the last 90 days).

Timing correlation only — not evidence of a causal link

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Dependency Map

What Core42 depends on below, and who depends on Core42 above — click any node to make it the new center, 2 levels deep.

2 levels3 levels5 levels

Connection type

Investment
Dependency
Supply Chain
Development
Enablement
Competition / Other
Succession

Click any node to make it the new center. Scroll to zoom, drag to pan.

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The Story So Far (last 6 months)

May 2026: Core42 secures $550M HSBC deal to fuel global AI expansion→Jul 2026: Sovereign GPU platform with e&

Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.

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Core42's Timeline

A sourced, dated history of Core42's key moments — founding to present.

  1. Feb 2024 · Formed via consolidation

    Core42 was formed as a G42 subsidiary consolidating G42 Cloud, Khazna Data Centers, and Inject AI into a single sovereign AI cloud and compute business.

  2. Jan 2026 · $550M HSBC financing

    Core42 secured a $550 million financing deal via HSBC to fuel its global AI infrastructure expansion.

  3. Jul 2026 · Sovereign GPU platform with e&

    Core42 and e& UAE launched a joint sovereign GPU compute platform, giving enterprise and government customers in-country AI accelerator access paired with carrier-grade connectivity.