G42 merges 3 businesses to form new technology entity – Core42

By Arya M Nair, Official Reporter
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G42 launches Core42
Rep.Image | Courtesy: WAM

G42, the leading UAE-based technology group, has formed a new dynamic entity, Core42, which will focus on the delivery of national-scale enterprise AI solutions and services.

Core42, the result of the merger of three of G42’s existing businesses, G42 Cloud, Inception, and Injazat, is poised to play a unique role in the technology landscape by providing a holistic platform capable of delivering on UAE’s digital transformation agenda and leading the export of ICT innovation to international enterprises and governments.

The new company, which will be led by G42’s Group CTO Mr. Kiril Evtimov, who also becomes CEO of Core42, will combine top-tier technology, innovation, and services in a first-of-its-kind offering that includes scalable cloud solutions, AI cloud and HPC infrastructure catering specifically to the public sector and regulated industries, cutting-edge applied AI research and implementation, focusing on enabling generative AI for enterprise use cases across multiple sectors and government organizations, cybersecurity services to protect organizations against data breaches and cyber-attacks, excellence in professional services, managed services and systems integration.

Peng Xiao_G42 forms Core42
Peng Xiao
CEO – Group 42

“In today’s dynamic landscape, governments and large enterprises stand at a crossroads, seeking technological prowess to overcome their most formidable challenges. Yet, the limitations of conventional solutions hinder their aspirations. With Core42, we’re forging an unparalleled entity, unifying the pinnacle of technology, innovation, and services drawn from the extensive G42 ecosystem. This is the beginning of a journey towards the realization of our customers and partners’ most audacious strategic objectives and a testament to the limitless potential of innovation.”

Mr. Evtimov said that “I am honored and truly excited for the opportunity to steer Core42 as we align G42’s transformative capabilities in cloud, AI, and services, focusing on enabling our clients’ to leverage the groundbreaking power of generative AI. We aim not to merely equip leading organizations in the UAE and globally to keep pace with the latest innovations, but to be at the vanguard of the pioneering efforts driving the AI-driven world of tomorrow.”

The launch of Core42 was announced during a press conference at GITEX GLOBAL, where Core42 is showcasing its vast array of technology solutions and services under the theme ‘Imagination in Action’, a testament to the tangible impact the company is making in shaping the technological landscape.

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