{"id":59122,"date":"2023-09-12T10:00:37","date_gmt":"2023-09-12T14:00:37","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=59122"},"modified":"2023-09-12T10:01:47","modified_gmt":"2023-09-12T14:01:47","slug":"us-and-vietnam-sign-billion-dollar-ai-chip-and-tech-partnerships","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/us-and-vietnam-sign-billion-dollar-ai-chip-and-tech-partnerships\/","title":{"rendered":"US and Vietnam Sign Billion-Dollar AI Chip and Tech Partnerships"},"content":{"rendered":"\n

To advance the artificial intelligence<\/a>, semiconductor, and cloud computing industries, the U.S. and Vietnam sealed billion-dollar agreements and partnerships.<\/p>\n\n\n\n

\"US<\/figure>\n\n\n\n

According to remarks made at a joint press conference, the United States and Vietnam signed billion-dollar business agreements and partnerships on September 11 to advance cooperation in artificial intelligence (AI) and other technologies.<\/p>\n\n\n\n

The move is a formal “upgrading” of the relationship between the two countries, according to U.S. President Joe Biden, and focuses on critical sectors such as cloud computing, semiconductors, and artificial intelligence.<\/p>\n\n\n\n

\n

“We're deepening our cooperation on critical and emerging technologies, particularly around building a more resilient semiconductor supply chain.”<\/p>\n<\/blockquote>\n\n\n\n

He added that he expects the economic partnership to encourage more trade and investment between the countries.<\/p>\n\n\n\n

However, he did not neglect to mention that the move is “not about containing China,” but rather about establishing a “stable base” in the region.<\/p>\n\n\n\n

In attendance were also executives from Google, Intel, Boeing, Amkor, Microsoft, and Nvidia.<\/p>\n\n\n\n

This is in addition to other agreements reached by Boeing and Amkor, which intends to establish a new factory near the Vietnamese capital, Hanoi.<\/p>\n\n\n\n

According to a White House statement, the company will construct, package, and test AI chips in October of this year.<\/p>\n\n\n\n

Acclime\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, a regional corporate services provider in Asia, reports that Vietnam is one of the world's fastest-growing economies, rating 34th globally with a $450 billion gross domestic product.<\/p>\n\n\n\n

In addition, it has recently shifted from centralized economic control to greater openness, allowing the United States to become one of its main export markets.<\/p>\n\n\n\n

This recent AI-focused agreement has reportedly elevated the United States two levels in Vietnam's bilateral hierarchy.<\/p>\n\n\n\n

China, Russia, India<\/a>, and South Korea previously occupied this location.<\/p>\n\n\n\n

Additionally, relations with the United States were previously stifled due to a desire not to anger China and a tumultuous relationship resulting from the conflict.<\/p>\n\n\n\n

These developments emanate from Vietnam at a time when governments around the globe are competing to produce and deploy advanced AI systems, particularly the United States and China.<\/p>\n\n\n\n

In October 2022, the Biden administration banned the export of the most advanced and powerful U.S. semiconductor chips to China, which they are contemplating tightening.<\/p>\n\n\n\n

In August, China's new AI regulations were established. After the new laws were enacted, over 70 AI models with over a billion parameters were released.<\/p>\n","protected":false},"excerpt":{"rendered":"

To advance the artificial intelligence, semiconductor, and cloud computing industries, the U.S. and Vietnam sealed billion-dollar agreements and partnerships. According to remarks made at a joint press conference, the United States and Vietnam signed billion-dollar business agreements and partnerships on September 11 to advance cooperation in artificial intelligence (AI) and other technologies. The move is […]<\/p>\n","protected":false},"author":56,"featured_media":59135,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,9],"tags":[3996,710,322,1936,2227,2271,1305,1512,2218],"class_list":["post-59122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-tech","tag-ai","tag-business","tag-china","tag-google","tag-microsoft","tag-nvidia","tag-united-states","tag-us-government","tag-vietnam"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/09\/R.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/59122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=59122"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/59122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/59135"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=59122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=59122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=59122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}