Nvidia Partners with Vietnamese IT Firm FPT to Construct $200M AI Factory

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Nvidia Partners with Vietnamese IT Firm FPT to Construct $200M AI Factory

Nvidia Companions with Vietnamese IT Firm FPT to Develop $200M AI Manufacturing facility

Nvidia and FTP taking part to devise and scheme an AI factory in Vietnam.

US chipmaker Nvidia has partnered with Vietnamese IT company FPT to map up a $200 million man made intelligence (AI) factory in Vietnam. The collaboration, announced on April 23, will lead to the introduction of a hub for AI and cloud computing providers in the Asian country.

The joint press release stated that FPT and the Nvidia AI factory will wait on as a “sovereign cloud” that would possibly focal level on AI be taught and vogue the utilization of Nvidia’s most up-to-the-minute applied sciences. These consist of Nvidia AI Enterprise instrument and frameworks and Nvidia H100 Tensor Core GPUs.

FPT and Nvidia AI Manufacturing facility Pledge to Scale Vietnam’s AI Commerce


The Nvidia AI factory will present cloud GPU providers to FPT’s company prospects globally and grant them catch admission to to core resources designed to enhance be taught ability, scale AI functions, and imprint productiveness and customer ride milestones.

The goal of the partnership is to jam Vietnam as an “AI hub of the sector” whereas furthermore speeding up the adoption of AI functions in neighboring countries esteem Japan and South Korea.

As segment of the collaboration, FPT has joined the “NVIDIA Accomplice Community” as a Service Delivery Accomplice to change into a World Programs Integrator. This can enable the IT firm to leverage Nvidia’s developed products and applied sciences to ranking tailored cloud providers, hardware, instrument, and, notably, generative AI solutions.

At some stage in the signing ceremony, Dr. Truong Gia Binh, FPT Corporation Chairman and Founder, expressed excitement regarding the partnership.

“FPT is dedicated to Digital transformation, AI, Cloud, and Education,” he acknowledged. “FPT strives to beef up our R&D competence and set aside a entire platform for affirm of the art work providers constructed on AI and Cloud that exceeds world demands, working to imprint its vision to flip Vietnam into an AI hub of the sector thru collaboration with NVIDIA in skills, industry vogue, and practicing.”

Nvidia Vice President of Worldwide AI Initiative Keith Strier commented on AI’s likely to enhance lives and beef up economies across varied sectors, at the side of healthcare, agriculture, native weather, and manufacturing.

He eminent that the FPT and Nvidia partnership will empower organizations across Vietnam to force transformation and abet the country change into a breeze-setter in AI skills.

AI Commerce Secures Entice More Investments From Spacious Tech Firms


FPT and Nvidia’s AI partnership follows assorted Spacious tech companies’ multi-billion-dollar investments in the AI commerce worldwide.

Let’s assume, on April 16, instrument big Microsoft invested $1.5 billion into G42, an AI-primarily based company in the United Arab Emirates (UAE). The collaboration allows G42 to exhaust Microsoft’s Azure cloud computing platform to vitality its AI providers and functions, which would per chance increase the protection and security of its infrastructure.

Microsoft furthermore invested 3.2 billion euros ($3.44 billion) only in the near past to lift AI commerce infrastructure in Germany for the subsequent two years, which was as soon as adopted by a $2.1 billion pledge in AI infrastructure trends in Spain to enhance “native ability for the skills.”

Within the meantime, Amazon has invested $4 billion into ChatGPT’s rival AI startup, Anthropic.

Per restful Statista data, the AI sector is projected to be fee $184 billion earlier than the head of 2024 and $826 billion by 2030.

Nvidia AI
AI market dimension projected to be $826 billion by 2030

These projections, alongside the success of OpenAI’s GPT devices, continue to force many investments from Microsoft and diverse tech companies as they fight to change into commerce-leading AI innovation (and earnings) hubs.

Source : cryptonews.com

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