Excerpt from Cointelegraph Article, Published on Apr 23, 2024
Vietnam’s tech landscape is set for a seismic shift as FPT, a prominent IT player, joins forces with semiconductor titan Nvidia to embark on a groundbreaking venture: the construction of a $200 million artificial intelligence (AI) factory. In a joint proclamation unveiled on April 23, the duo outlined their vision to establish a comprehensive AI and cloud computing ecosystem within Vietnam, positioning the nation as a burgeoning hub for transformative technology.
The ambitious endeavor encompasses a spectrum of AI endeavors, spanning from cutting-edge AI products to robust GPU infrastructure, all tailored to meet the evolving needs of local clients. FPT spearheads the investment drive into this AI haven, slated to function as a “sovereign cloud,” while Nvidia injects its state-of-the-art technology arsenal, featuring AI enterprise software, frameworks, and the formidable Nvidia H100 Tensor Core GPUs.
Foreseeing Vietnam’s ascent as an AI powerhouse, FPT is steadfast in its mission to galvanize the nation’s AI landscape while catalyzing the proliferation of AI applications across borders, notably in neighboring tech-savvy nations like Japan and Korea. Keith Strier, Nvidia’s Vice President for Worldwide AI, underscored the transformative potential of AI in enriching lives and fortifying global economies, citing its catalytic role in revolutionizing diverse sectors spanning healthcare, agriculture, climate resilience, and manufacturing.
Central to the factory’s mandate is the provision of cloud GPU services tailored to corporate clientele, empowering FPT’s customers to harness the full potential of AI applications with unparalleled efficiency and speed. Moreover, the initiative encompasses an ambitious educational outreach program, integrating Nvidia’s cutting-edge programs into the academic fabric of universities and high schools nationwide, with an ambitious target of reaching over 30,000 students. Nvidia’s strategic foray into Vietnam’s burgeoning AI landscape underscores the company’s commitment to nurturing local talent and fostering synergistic partnerships in the AI domain. This collaborative momentum aligns with broader international efforts, exemplified by the strategic partnership between the United States and Vietnam, aimed at bolstering AI-related cooperation and fortifying the semiconductor supply chain.
Against the backdrop of this transformative alliance, luminaries from major tech conglomerates, including Nvidia, Microsoft, and Google, convened in September 2023, signaling a concerted push towards fostering innovation and collaboration in the dynamic realm of AI.
To delve deeper into this topic, please read the full article on Cointelegraph.
