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71 HSBC invests £400m in UAE data centre firm to support mass rollout

UK Tech News
Oscar Hornstein @ UK Tech News 2 place · today 05:13 EDT

HSBC has agreed to provide $550m (£408m) to a United Arab Emirates-based data centre and AI infrastructure company to support the deployment of sites across the US and Europe. Core42, owned by the Abu Dhabi-based tech-focused holding company G42, has secured the funding across two structured trade finance facilities. The facilities have been provided to ...

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