Naver to Build Next-Generation AI Data Centre in Morocco with Global Consortium

Naver, in partnership with Nvidia, Nexus Core Systems, and Lloyd Capital, plans to build a large-scale AI data centre in Morocco powered by renewable energy. The facility aims to provide sovereign AI services across the EMEA region, emphasizing data sovereignty with local processing capabilities. Initial construction of a 40-megawatt supercomputing facility will begin by the end of this year, scaling to 500 megawatts over time.

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MoneyGram Partners with Saudi Arabia’s tiqmo to Expand International Money Transfers

MoneyGram has partnered with Saudi Arabia’s digital wallet tiqmo to enable users to send international money transfers to over 200 countries. Tiqmo offers extensive financial services and has grown rapidly since its 2024 launch. This partnership leverages MoneyGram’s global infrastructure to benefit Saudi Arabia’s large remittance market, particularly for countries like India and Pakistan.

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