Core42 Raises US$550 Million From HSBC To Scale Global AI Infrastructure

Core42, a G42 company specialising in sovereign cloud and AI infrastructure, today announced the successful arrangement of two structured trade finance facilities amounting to US$550 million with HSBC to accelerate its AI cloud and compute deployments across the United States and Europe. The facilities of US$240 million and US$310 million were completed in February 2026

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