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U.S.-based Iozera announces MOU with Government of Morocco for Launch of Eco-Friendly AI Data Center in Morocco [Yahoo! Finance]

Eventbrite, Inc. Class A (EB) 
Last eventbrite, inc. class a earnings: 2/27 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Iozera has announced the signing of a Memorandum of Understanding (MOU) for the establishment of a pioneering 386MW Data Center and AI Hub in Tetouan, Morocco . This strategic partnership is designed to democratize access to advanced AI computing resources, enhancing availability of GPU-based processing for researchers, startups, and businesses in the U.S., Morocco , and globally. A key feature of this initiative is its commitment to sustainability, leveraging Morocco's robust renewable energy resources to power the facility. The MOU signing event is scheduled for May 8th, 2024 , at 4:30 PM at the Capital Factory in Austin, Texas . Distinguished attendees will include His Excellency Mr. Mohcine Jazouli , the Moroccan Delegate-Minister to the Head of Government for Investment, Convergence, and the Evaluation of Public Policies, Her Excellency Dr. Ghita Mezzour , Moroccan Minister Delegate to the Head of Government in charge of Digital Transition and Administrative Reform as well as a Show less Read more
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