Saturday, December 7, 2024

"Nvidia to build AI research, data centres in Vietnam with govt" (NVDA)

From Reuters via Yahoo Finance, December 5:

Nvidia (NVDA) and the Vietnamese government will jointly set up an AI research and development centre and an AI data centre in the Southeast Asian country under an agreement signed on Thursday.

Nvidia also said it has acquired healthcare startup VinBrain, a unit of Vietnamese conglomerate Vingroup, but didn't provide the value of the deal.

Nvidia CEO Jensen Huang said during a visit to Hanoi a year ago that the artificial intelligence chipmaker wanted to expand its partnerships with Vietnam's top tech firms and support the country in training talent for developing AI and digital infrastructure.

In April, Vietnamese tech firm FPT said it planned to build a $200 million artificial intelligence factory using Nvidia's graphic chip and software.

Thursday's agreement between Nvidia and the Vietnamese government was signed in Hanoi in the presence of Huang and Vietnamese Prime Minister Pham Minh Chinh. They did not give financial details regarding the planned R&D centre and data centre....

....MORE

Here's Nvidia's "Sovereign AI" Pitch (NVDA)
Because here at Climateer Investing "We Recycle" we'll re-use the introduction to the February 26 post Taking Nvidia's Jensen Huang Seriously: Paris-Based "Bioptimus primed with $35m to unravel disease biology using AI":

Two pitches that Nvidia's CEO will be making at next month's NVDA lovefest (Nvidia GTC Conference, March 17 - 21, 300,000 attendees in-person and online) are 1) sovereign AI, every country, even every city needs its own supercomputer powered by Nvidia chips and its own Large Language Model trained on those supercomputers and 2) digital biology - everything from rapid drug discovery to individually tailored gene therapy.*

From Nvidia's blog, February 28:

What Is Sovereign AI?

December 6 - Canada commits $1.4B to sovereign compute infrastructure as it joins the AI arms race

And many more posts between those bookends.