NVIDIA Is Betting Big On THIS Country To Power Its AI Ambitions – News18

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NVIDIA Is Betting Big On THIS Country To Power Its AI Ambitions – News18


Last Updated: December 11, 2023, 12:20 IST

NVIDIA has been closely investing in Vietnam.

Nvidia has already invested $250 million in Vietnam and is now seeking to companion with the nation’s prime tech companies to help expertise in growing AI.

U.S. chipmaker Nvidia’s chief govt mentioned on Monday the corporate will broaden its partnership with Vietnam’s prime tech companies and help the nation in coaching expertise for growing synthetic intelligence and digital infrastructure.

Nvidia, which has already invested $250 million in Vietnam, has thus far partnered with main tech firms to deploy AI within the cloud, automotive and healthcare industries, a doc printed by the White House in September confirmed when Washington upgraded diplomatic relations with Vietnam.

“Vietnam is already our partner as we have millions of clients here,” Jensen Huang, Nvdia’s CEO mentioned at an occasion in Hanoi in his first go to to the nation.

“Vietnam and Nvidia will deepen our relations, with Viettel, FPT, Vingroup, VNG being the partners Nvidia looks to expand partnership with,” Huang mentioned, including Nvidia would help Vietnam’s synthetic coaching and infrastructure.

Reuters reported final week Nvidia was set to debate cooperation offers on semiconductors with Vietnamese tech firms and authorities in a gathering on Monday.

Huang’s go to comes at a time when Vietnam is making an attempt to broaden into chip designing and presumably chip-making as commerce tensions between the United States and China create alternatives for Vietnam within the business.

At Monday’s occasion, Vietnam’s funding minister Nguyen Chi Dzung mentioned the nation had been getting ready mechanisms and incentives to draw funding initiatives within the semiconductor and synthetic intelligence industries.

Dzung additionally requested Nvidia to contemplating organising a analysis and improvement facility within the nation following Huang’s proposal to arrange a base in Vietnam, after his assembly with the Vietnamese Prime Minister Pham Minh Chinh on Sunday.

(This story has not been edited by News18 workers and is printed from a syndicated information company feed – Reuters)



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