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As AI Strains the Grid, Envision Launches Mission Gobi at VivaTech 2026

Business

As AI Strains the Grid, Envision Launches Mission Gobi at VivaTech 2026
Business

Business

As AI Strains the Grid, Envision Launches Mission Gobi at VivaTech 2026

2026-06-18 19:38 Last Updated At:20:05

Global initiative targets 5GW of AIDC in desert regions by 2030, unlocking a new model for clean, scalable AI growth. 

PARIS, June 18, 2026 /PRNewswire/ -- At VivaTech 2026, Envision announced Mission Gobi, a global initiative to develop 5GW of green AI data center (AIDC) capacity in desert and arid regions by 2030. The initiative reflects Envision's vision for AI-native energy infrastructure and builds on the company's AI Power System capabilities already being deployed at scale.

Against the backdrop of Europe's energy transition, power security and rising electricity demand, Lei Zhang noted that the AI revolution is exposing a new structural bottleneck in energy systems.

"The traditional power system was not designed for the scale and speed of the AI era. Mission Gobi offers a new system-level approach — integrating renewable energy, storage, grid infrastructure and computing to deliver scalable, cost-competitive clean power. Building on our successful partnerships in Europe, we believe it can support Europe's AI growth, energy security and clean energy transition," Lei Zhang said.

"Importantly, Mission Gobi is designed as a replicable blueprint. Developing even 1% of global desert and Gobi regions could support terawatt-scale computing capacity at highly competitive cost, helping accelerate the deployment of AI infrastructure worldwide."

Envision has already begun deploying AI Power Systems at scale. In Chifeng, China, the company operates the world's first AI data center running entirely on direct green power. In Ulanqab, the Envision Galaxy Campus is being built as the world's only gigawatt-scale AIDC powered by directly connected renewable energy.

As nations seek to strengthen both AI leadership and energy security, Envision believes AInative power systems can unlock a new era of sustainable growth.

Through Mission Gobi, the company will work with governments, utilities, technology companies, infrastructure investors, and local partners worldwide to accelerate the deployment of clean, intelligent, flexible, and affordable power systems.

Mission Gobi is more than a project. It is a blueprint for powering the Age of Intelligence.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

As AI Strains the Grid, Envision Launches Mission Gobi at VivaTech 2026

As AI Strains the Grid, Envision Launches Mission Gobi at VivaTech 2026

As AI Strains the Grid, Envision Launches Mission Gobi at VivaTech 2026

As AI Strains the Grid, Envision Launches Mission Gobi at VivaTech 2026

Guillermo Veiga joins in November from Standard Chartered Bank in Singapore

LOS ANGELES, Aug. 27, 2026 /PRNewswire/ -- Capital Group, the world's largest global active investment manager, announced the appointment of Guillermo Veiga as Chief Information Officer. He will join the company in November, succeeding Marta Zarraga, who will retire at the end of the year. Guillermo will relocate to California from Singapore, where he currently serves as Group Chief Information and Operations Officer at Standard Chartered Bank.

"Technology, data and AI play an increasingly important role in how we deliver investment excellence, serve clients globally and scale our business," said Rob Klausner, Chief Operating Officer, Capital Group. "Guillermo brings a rare combination of deep technology expertise, operational leadership and global transformation experience. His track record leading large, complex organizations makes him the right leader to help advance Capital's long-term strategy and position us for the opportunities ahead."

Born in Uruguay and raised in Spain, Guillermo began his career as a hands-on technologist and has held senior leadership roles across Europe and Asia at Amazon Web Services, Cisco and Banco Santander, pairing deep technical fluency with strong operating experience.

"I was drawn by Capital Group's long-term commitment to its people and culture paired with its client-centric mindset," said Guillermo. "Capital is on the cutting edge of technology, and the opportunity to help lead during a period of global expansion for the company, amid the growing ability of data and AI to transform ways of working, is exciting."

About Capital Group

As Capital Group approaches its 100th anniversary in 2031, its long-term strategy remains firmly rooted in its mission to improve people's lives through successful investing. With over 9,000 associates and 34 offices around the world, Capital Group manages $3.6 trillion in assets for millions of wealth management and institutional clients around the world*.

*As of June 30, 2026.

© 2026 Capital Group. All rights reserved.

Media contact:
Caroline Semerdjian, Capital Group
Caroline.semerdjian@capgroup.com
(213) 615-3185

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Capital Group Announces Appointment of New Chief Information Officer

Capital Group Announces Appointment of New Chief Information Officer

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