The UAE’s AI champion just leased a converted Minneapolis office. The irony writes itself.
TL;DR
Core42, the cloud subsidiary of Abu Dhabi’s G42 Group, has leased 20 megawatts in a converted office building in downtown Minneapolis. The company building the Stargate UAE campus is now filling American offices-turned-data-centres, part of a broader pattern in which the same AI systems emptying offices are generating the demand to fill them with servers.
The building at 1001 Third Avenue South in downtown Minneapolis used to be an office. Now it is a data centre, and its anchor tenant is not a Silicon Valley hyperscaler but Core42, the cloud and AI infrastructure subsidiary of Abu Dhabi’s G42 Group. The lease, reported by Bloomberg on Wednesday, covers 20 megawatts of capacity in a facility converted from commercial office space by Legacy Investing, a Virginia-based developer that has spent more than 70 million dollars transforming the property. The deal is a small piece of a much larger pattern: the...
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