Core42 secures $550 million to expand sovereign cloud and data centers. Abu Dhabi sets a military pace in the race for computing power, building
Core42, an Abu Dhabi-based company, has secured $550 million to expand its sovereign cloud and data center infrastructure. This significant investment is part of a broader effort by Abu Dhabi to rapidly build computing power and compete with major US tech companies in the AI race. AI
IMPACT Accelerates the build-out of AI-focused computing infrastructure in the Middle East.