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

AUSTIN, Texas, May 4, 2024 /PRNewswire/ — U.S.-based tech startup Iozera, in collaboration with the Government of Morocco, announces an initiative set to transform the AI industry. 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 …