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 […]
UAE tech industry
Cerebras Systems has sealed a massive $100 million deal with UAE tech group, G42, to bring some powerful AI supercomputers to the market.
