Austin, Texas, May 4, 2024 /PRNewswire/ — US-based technology startup Iozera collaborates with government Moroccoannounced an initiative aimed at transforming the AI industry. Iozera announced the signing of a Memorandum of Understanding (MOU) for the establishment of his pioneering 386MW data center and AI hub in Tetouan. Morocco. This strategic partnership aims to democratize access to advanced AI computing resources and increase the availability of GPU-based processing for U.S. researchers, startups, and enterprises. Morocco, and all over the world. A key feature of this initiative is its commitment to sustainability. Moroccan Powerful renewable energy resources to power the facility.
MOU signing event is scheduled for the following days May 8, 2024in 4:30pm At Capital Factory Austin, Texas. Distinguished attendees included His Excellency. Mosine JazzuriMinister representing the Moroccan Head of Government in charge of investment, convergence and evaluation of public policies, Dr. Gita Mezor, a Moroccan Ministerial Delegation to Heads of Government responsible for digital transition and administrative reform, and a distinguished delegation from the Moroccan Government and AMDIE (Moroccan Agency for Investment and Export Development). Additionally, a special delegation from Taiwan's Pegatron (including CTO) james shuwill be in attendance to highlight their significant commitment to this innovative project.
This event is open to the public and members of the AI and technology community are invited to attend. Following the signing of the MOU, an AI mixer and networking event will begin featuring a complementary selection of exquisite Moroccan cuisine and snacks.Includes prominent guest speakers james shuPegatron CTO, Ahmed Bennisgeneral manager of Tangier Subregion, timothy go and Takeshi Hirota, the co-founders of Iozera, will also be held. Guests should register through his Eventbrite link below and check in at the Capital Factory (701 Brazos St). Austin, Texas 78701, at 4:30pm On the day of the event.
https://www.eventbrite.com/e/ai-connex-x-capital-factory-welcomes-the-kingdom-of-morocco-ai-mixer-tickets-889875540697
Eureka Park: A visionary project powered by renewable energy
Eureka Park plans to establish a world-class technology AI hub in Tetouan. Morocco, centered around a 386MW hyperscale AI data center named Iozera. Located just 12km from the coast, Spainincludes three additional features designed to enhance data center capabilities far beyond traditional data center services.
Eureka Park facilities:
Iozera AI Data Center: Designed for advanced AI computation and traditional data storage, it attracts leading technology companies and researchers from around the world.
GenV Data Management Services: Create job opportunities as a pioneer in secure AI training/modeling with a focus on AI training, data management, labeling, and annotation.
Ryse Research: An incubation and education center that nurtures start-ups and prepares Moroccans for employment within Eureka Park.
AI Expo: Increases Eureka Park's profile and attracts international attention by showcasing the latest global AI advances from startups and large corporations and promoting a tech-savvy culture.
Use of renewable energy:
Nour solar power facility:
Noor solar power complex Ouarzazateone of the world's largest solar power plants. Moroccan Renewable energy ambitions. The facility uses concentrated solar power (CSP) technology, which uses mirrors and lenses to concentrate a wide range of sunlight into a small area. The concentrated light is converted to heat, which drives a heat engine (usually a steam turbine) connected to a generator, which produces electricity. The Noor complex is particularly innovative in its ability to store solar energy in the form of heated molten salt, allowing it to generate electricity even after sunset. This feature greatly improves the reliability and stability of solar power generation, providing a continuous and sustainable energy source for the Iozera data center.
Koudiya Al Bayda Wind Farm:
Located in a windy area near Tetouan and close to the Eureka Park site, the Koudia Al Bayda Wind Farm is another important component of the wind farm. Moroccan Renewable portfolio. The wind farm harnesses steady winds from the Atlantic Ocean and uses turbines to convert the wind's kinetic energy into electricity. This power source is not only sustainable but also cost-effective, further reducing Iozera's operating costs. The project is currently being re-electrified to reach the 100MW goal.
Eureka Park is not only a leader in AI technology; Moroccan Economic and technological growth. Construction is expected to begin in the fourth quarter of 2024 and be operational by the second quarter of 2026, making it ready to welcome customers and visitors for the 2030 World Cup. Morocco.
Media contact:
timothy go
[email protected]
Source Iozera.ai