C
Core42
Sovereign cloudState-backedPrivateCore42 is a sovereign cloud based in Abu Dhabi, United Arab Emirates, founded in 2023. Status: subsidiary of G42 (private, Abu Dhabi state-linked).
Capacity, contracted60 MWas disclosed
Capacity, operating—not disclosed
Valuation—none disclosed
Compute deals on record2see table below
Key facts
| Classification | Sovereign cloud, state-backedHow types are assigned |
| Status | Subsidiary of G42 (private, Abu Dhabi state-linked) |
| Headquarters | Abu Dhabi, United Arab Emirates |
| Founded | 2023 |
| Capacity and backlog | Core42 leases 60 MW of critical IT at TeraWulf's Lake Mariner campus in New York (TeraWulf Q3 2026 results). Its parent G42 is building the 1 GW Stargate UAE cluster with OpenAI and Oracle, with the first 200 MW targeted for 2026. |
| Chips | NVIDIA (GB300); Cerebras |
| Named customers | Toku, e& UAE (partner) |
| Investors named | G42 (parent), Microsoft (G42 investor, 2024), MGX |
| Website | core42.ai |
| Profiles and work | X @core42_aiLinkedInYouTubeHow links are checked, checked 10 Nov 2026 |
Sources for this table: sec.gov, core42.ai, gulfnews.comchecked 9 Nov 2026
Compute deals and financings
| Date | Counterparty | Role | Type | Value | Capacity | Status | Source · checked |
|---|---|---|---|---|---|---|---|
| 22 May 2025 | OpenAI | Provider | Capacity contractNVIDIA GB300 | undisclosed | 1 GW | Confirmed | intelligentcio.com Stargate UAE, a 1-gigawatt compute cluster, will be built by G42 and operated by OpenAI and Oracle.checked 9 Nov 2026 |
| 23 Dec 2024 | TeraWulf | Buyer | Colocation lease | undisclosed | 60 MW | Confirmed | investors.terawulf.com Critical IT capacity is as follows: 2 MW for the Wulf Den, 16 MW for CB-1, and 42 MW for CB-2.checked 9 Nov 2026 |
Latest posts on X
The most recent posts from @core42_ai, the X account of Core42, quoted as posted. Replies and reposts are left out. How posts are selected.
At Core42, integrity is something we put into practice every day. Last week, we celebrated Corporate Compliance & Ethics Week, building on the launch of our first Code of Conduct under the Integrity at Our Core theme. #Core42 #IntegrityAtOurCore #ComplianceAndEthicsWeek
View the post on X · With 4 images
The Core42 team came together at our office to celebrate the Festival of Lights, embracing the traditions and cultural diversity that bring our people closer. Wishing everyone celebrating a joyful and prosperous Diwali! 🪔 #Core42 #Diwali2026 #FestivalOfLights
View the post on X · With 4 images
Data sovereignty extends beyond where data is stored. At NVIDIA GTC Berlin, Maxim Zhurbin, VP, Operations, Security and Compliance at Core42, shared why security and compliance are critical to AI infrastructure deployment. Learn more: core42.ai
View the post on X · With video
checked 10 Nov 2026
Is Core42 publicly traded?
Core42 is not independently listed: subsidiary of G42 (private, Abu Dhabi state-linked).
EveryNeo is an independent informational project. Nothing here is investment, legal or financial advice. Disclaimer
Other sovereign clouds on the ledger
| Company | Status | Contracted | Operating | Valuation / market cap |
|---|---|---|---|---|
| HHumain | Private | 84 MW | — | — |
| MMistral Compute | Private | — | — | — |
| SSakura Internet | TSE:3778 | — | — | — |
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