Core42, the cloud and AI infrastructure subsidiary of Abu Dhabi's G42 Group, has leased 20MW of capacity in a converted office building in downtown Minneapolis. The facility, transformed from commercial office space by Legacy Investing at a cost exceeding $70 million, is part of Core42's broader US expansion that includes a 70MW+ deal with TeraWulf in upstate New York. G42 is simultaneously building the Stargate UAE campus — the largest AI compute facility outside the US — targeting 1GW capacity at a projected cost over $30 billion. The Minneapolis deal highlights a growing trend of office-to-data-centre conversions driven by AI demand, urban vacancy rates, and the need for distributed enterprise-proximate infrastructure rather than concentrated rural hyperscale campuses.
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