G42
2025.02.25
10:42
Eni to collaborate with several UAE companies on data centers and critical minerals
Italian energy giant Eni Group announced on February 24 local time that it had signed a letter of intent with UAE technology giant G42 and AI investment company MGX to develop a data center in Italy to store, process and manage large amounts of data, with a planned IT capacity of up to 1 gigawatt. The energy used in the data center will come from Eni's natural gas power plant using carbon capture and storage technology. In addition, Eni signed a memorandum of understanding with Abu Dhabi Development Holding Company (ADQ), which focuses on critical infrastructure and supply chains, to cooperate in the research and development of key minerals.
2025.01.05
08:30
More than 30 toll stations in Hubei temporarily closed due to dense fog
This morning, many highways in Hubei Province were affected by dense fog, and more than 30 toll stations were temporarily closed, causing certain impacts on travel. The Wuhan Meteorological Observatory issued an orange fog warning signal at 4:32 a.m. on January 5, pointing out that visibility in some areas of Wuhan was extremely low, less than 200 meters, and even less than 50 meters in some areas. This situation is expected to continue until the morning. The affected sections include important trunk lines such as G0421 Xuguan Expressway, G4 Beijing-Hong Kong-Macao Expressway, G42 Shanghai-Chengdu Expressway, and specific sections of several local highways. It is particularly important to note that in addition to the toll stations controlled due to fog, some toll stations and service areas have implemented traffic control due to construction or safety considerations.
2024.12.09
08:08
The United States approves the export of AI chips to the UAE; Microsoft and G42 deepen cooperation
The US government has approved the export of advanced AI chips to Microsoft's facilities in the UAE as part of Microsoft's cooperation with G42, an artificial intelligence company in the UAE. Microsoft has invested $1.5 billion in G42, acquiring a minority stake and a seat on the board of directors. G42 will use Microsoft's cloud services to run AI applications. (Securities Times)
2024.12.06
18:26
Anhui Construction Engineering: Consortium wins bid for 10.185 billion yuan highway project
Anhui Construction Engineering announced that the company and its subsidiaries recently received a notice of winning the project. The winning project is the G4231 Nanjing-Jiujiang Expressway Anqing Yueshan-Haikou Section and the G4231 Nanjing-Jiujiang Expressway Anqing Haikou-Wangjiang Section Concession Project, with a total investment of approximately 10.185 billion yuan. The project is located in Anqing City, and the content mainly includes planning, fund raising, construction implementation, operation management, maintenance and repair, debt repayment, asset management and project handover. The initial period is 6 months, the construction period is 36 months, and the toll period is 358 months.
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