Core42 expands AI business in New York amid growing demand

Abu Dhabi-based Core42 said it will expand artificial intelligence operations in New York, adding new computing capacity to help meet the growing demand for AI services in the U.S. 

The expansion will bring Core42’s total capacity at its Lake Mariner campus in upstate New York to more than 100 megawatts, making it one of the company’s largest overseas AI infrastructure sites.

Core42, a unit of Abu Dhabi’s AI-focused G42 group, said in a press release that the project is part of its strategy to build digital infrastructure and run advanced AI systems for businesses, governments and other large customers.

The New York expansion is the latest step in Core42’s push into the U.S. and Europe, where it has been investing heavily in data centers and cloud computing. The company recently secured $550 million in financing from HSBC to support international growth.