Core42, the sovereign cloud and AI infrastructure arm of G42, has secured $550 million in structured trade finance from HSBC to fast-track its expansion across the United States and Europe. The funding, delivered through two separate facilities finalized in early 2026, is specifically designed to handle the high capital requirements of building large-scale AI compute platforms. By opting for non-equity dilutive financing, the UAE-based company is maintaining a disciplined financial approach while ensuring it can meet the rapidly growing demand for enterprise-grade AI workloads.

This financial milestone underscores a broader shift in the tech industry, where AI infrastructure is increasingly viewed as an essential, long-term utility. According to Core42’s leadership, these funds will allow the firm to deploy capacity more rapidly for its government and hyperscale clients without sacrificing operational governance. By leveraging HSBC’s specialized financing structures, Core42 is positioning itself to scale its global footprint effectively, ensuring that the critical underlying architecture needed for mission-critical AI is both resilient and ready to support the next wave of global enterprise adoption.