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G42, a state-owned technology company based in the United Arab Emirates, is in discussions to collaborate with Northern Data, a German data center operator. The partnership aims to leverage Northern Data's extensive computational resources to support G42's artificial intelligence initiatives. Northern Data plans to provide G42's cloud computing subsidiary, Core42, with access to approximately 23,000
GPUs. This collaboration is expected to enhance G42's capabilities in AI and cloud computing, positioning the company to better compete in the European market.The move underscores G42's strategic focus on expanding its global footprint and strengthening its technological infrastructure. By securing access to advanced computational resources, G42 aims to drive innovation and deliver cutting-edge AI solutions to its European clients. This partnership not only benefits G42 but also highlights the growing importance of cross-border collaborations in the tech industry. As AI and cloud computing continue to shape the future of technology, such strategic alliances are crucial for companies looking to stay ahead in a rapidly evolving landscape.
Northern Data, which operates data centers in the United States, Sweden, Norway, and Portugal, initially focused on serving cryptocurrency mining. However, the company has since shifted its focus towards the AI sector. Northern Data anticipates that its generative AI service business, Taiga Cloud, could see its revenue grow by up to 74% year-over-year. This shift in focus aligns with the increasing demand for AI solutions and the need for robust computational resources to support these advancements.
G42, headquartered in Abu Dhabi, specializes in AI research and development, as well as the construction of cloud computing infrastructure. The company's strategic initiatives in Europe are part of a broader effort by the United Arab Emirates to invest in data infrastructure. In February, Italian energy technology giant Eni, G42, and Abu Dhabi Investment Company MGX signed a memorandum of understanding to build a high-performance data center in Italy. The center is designed to store, process, and manage vast amounts of data, with a maximum capacity of 1 gigawatt.
In May, MGX announced a joint venture with Nvidia and French companies to establish an AI data center in Paris. The project, with an investment of up to 500 billion euros, is expected to have a final capacity of 1.4 gigawatts. Upon completion, it is poised to become one of the largest AI hubs in Europe. These investments reflect the United Arab Emirates' commitment to advancing its technological capabilities and expanding its influence in the global AI market.
In June, G42 opened an office in London to provide AI solutions to government agencies and corporate clients, further accelerating the deployment of UAE capital in international markets. This strategic move not only enhances G42's presence in Europe but also positions the company as a key player in the global AI landscape. By leveraging advanced computational resources and strategic partnerships, G42 is well-positioned to drive innovation and deliver cutting-edge AI solutions to its clients worldwide.
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