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Coin Edition 2024-02-16 10:14:25

Ethiopia Embarks on a $250M Data and AI Venture with Hong Kong Firm

The Ethiopian government, through its investment arm, Ethiopian Investment Holdings, has signed a Memorandum of Understanding with Data Center Service, a subsidiary branch of the Hong Kong-based West Data Group. This partnership, valued at $250 million, aims to pioneer sophisticated data mining and artificial intelligence (AI) training facilities within Ethiopia. Kal Kassa, the CEO of The post Ethiopia Embarks on a $250M Data and AI Venture with Hong Kong Firm appeared first on Coin Edition .

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