Money and business in the Middle East.

Companies

Core42

United Arab Emirates · AI & technology · Private · 2023 · Abu Dhabi

G42's sovereign cloud and AI-infrastructure company, formed in October 2023 by merging G42 Cloud, Inception and Injazat. It offers sovereign AI and public and private cloud services to governments and enterprises, with Talal M. Al Kaissi as Chief Executive Officer. In May 2026 it announced USD 550 million of structured trade-finance facilities from HSBC (USD 240 million completed in February and USD 310 million in May 2026) to fund AI cloud and compute capacity in the United States and Europe. It publishes no financial statements.

www.core42.ai ↗

Key facts

No verified figure held yet.

Ownership and relationships

Key people

  • Talal M. Al Kaissi · Chief Executive Officer, Core42

Ask INXEN