Core42 is expanding its AI footprint in the US

Core42 is doubling down on its AI play in the US, with the G42 sovereign cloud and generative AI subsidiary announcing plans to boost capacity by 42 MW at its AI infrastructure site in New York. The announcement didn’t disclose a timeline or an investment ticket for the expansion plan.

The firm will raise capacity to 60 MW, up from 18 MW, at its Lake Mariner site in Buffalo, New York, which acts as a hub for the rest of its US-based operations. The expansion will target “hyperscale, AI-native and large enterprise workloads,” Core42 CEO Talal Al Kaissi said.

So far, the subsidiary has been working with US semiconductor company AMD on the site. Additional infrastructure from AMD and US chipmaker Nvidia will now be added as part of the expansion.

IN CONTEXT- Core42’s parent firm G42 has been eyeing expansion across the pond for a while. Last year it said it has plans to invest USD tens of bns in the US, focusing on AI applications, cloud computing, and data centers. Later in the year it secured US export approval to receive Nvidia AI chips, in a sign of deepening UAE-US tech ties.

Core42 also recently secured USD 550 mn in financing for US and Europe expansion as part of a structured trade finance facility from HSBC. The financing is set to support AI compute and cloud deployments across the two geographies.

UAE-US AI ties: Cooperation between the UAE and the US on AI has been a key part of the bilateral relationship for some time now. The two countries announced plans for a 5 GW data center complex in Abu Dhabi last year as part of a wider USD 200 bn investment agreement. The UAE also joined the US-led tech supply chain initiative Pax Silica at the start of this year, with the framework looking to secure supply chains critical to the AI buildout.