Nvidia signs deal to establish AI centre in Vietnam

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Nvidia signs deal to establish AI centre in Vietnam

Nvidia has signed a significant deal to set up an AI centre in Vietnam, marking a major investment in the region. The company has already invested over $250 million and aims to collaborate with top Vietnamese tech firms to implement AI across various sectors, including cloud computing, automotive, and healthcare. This initiative was solidified during a meeting between Nvidia CEO Jensen Huang and Vietnamese Prime Minister Pham Minh Chinh in Hanoi.

The establishment of this AI centre is seen as a pivotal step for Vietnam to enhance its position as a leading research and development hub in Asia. Huang emphasized the importance of processing and operating AI technologies locally, leveraging Vietnam's data as a national resource. This move aligns with global trends where countries are increasingly investing in their semiconductor industries to reduce reliance on foreign technology.

• Nvidia invests over $250 million to establish an AI centre in Vietnam.

• The AI centre aims to enhance Vietnam's tech capabilities in various industries.

Key AI Terms Mentioned in this Article

AI Centre

The AI centre will focus on research and development of artificial intelligence technologies.

AI Cloud

Nvidia is helping Vietnam build its first AI cloud to support various applications.

Robotics

The initiative includes advancing robotics technologies to improve smart city infrastructure.

Companies Mentioned in this Article

Nvidia

Nvidia is a leading US chip designer focused on AI technologies and cloud computing solutions.

Vingroup

Vingroup is one of Vietnam's largest conglomerates, involved in technology and property sectors.

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