Core42 Raises $550M With HSBC to Deploy AI Infrastructure Across US and Europe
Core42, the G42-owned sovereign cloud and AI infrastructure company, has secured $550 million through two structured trade finance facilities with HSBC — a $240 million facility completed in February and a $310 million facility closed in May. CFO Neha Gupta described the deal as a defining moment for the AI infrastructure sector, reflecting institutional recognition of AI […]