FPT, a Vietnamese IT company, and Nvidia, a global semiconductor chips manufacturer, have partnered to construct a $200 million artificial intelligence (AI) facility in Vietnam.
The companies stated in a joint statement on April 23 that their initiative aims to establish a comprehensive marketplace in Vietnam that caters to all aspects of artificial intelligence and cloud computing. Its objectives include AI products, GPU infrastructure, technical specialists, and domain expertise for local clients.
In addition to investing in the AI factory, which will function as a “sovereign cloud,” FPT intends to procure cutting-edge technology from Nvidia. Alongside Nvidia H100 Tensor Core GPUs, this will comprise the company’s AI enterprise frameworks and software.
As per the statement, the objective of FPT is to transform Vietnam into an AI nation and position it as an international “hub for artificial intelligence” while also expediting the implementation of AI applications in neighboring countries, including Japan and Korea.
Keith Strier, vice president for Worldwide AI at Nvidia, stated that by expediting innovation in numerous sectors, including healthcare, agriculture, climate, and manufacturing, AI has the potential to “enrich lives and fortify the economies of every nation.”
In addition to offering end-to-end generative AI services, the factory will provide cloud GPU services to FPT corporate clients to accelerate the capabilities and pace of AI applications.
Furthermore, academia and high schools nationwide will integrate Nvidia’s programs into their academic curricula and activities, lab facilities, and training programs. The statement predicted that the initiative would reach a minimum of 30,000 students over the next year.
The CEO of Nvidia declared in December 2023 that the organization intended to recruit local talent in the AI industry by expanding partnerships in Vietnam.
Before that, in September 2023, the United States and Vietnam established business partnerships and alliances valued at billions of dollars to advance AI-related collaboration with a specific emphasis on fortifying the semiconductor supply chain.
CEOs of prominent technology companies engaged in artificial intelligence (AI), such as Nvidia, Microsoft, and Google, attended this meeting.
