21 May, 2026, Abu Dhabi, United Arab Emirates: Core42, a G42 company specializing in sovereign cloud and AI infrastructure, today announced the successful arrangement of two structured trade finance facilities (“the facilities”) amounting to USD550 million with HSBC to accelerate its AI cloud and compute deployments across the United States and Europe. The facilities of USD240 million and […]
sovereign cloud
Saudi Arabia is evaluating sovereign cloud and data embassies for 2025 to grant full control over data and compete in global AI development.