Nvidia Signs Deal To Build AI Research Center in Vietnam｜TaiwanPlus News
Short Summary:
Nvidia, a leading US tech company, is establishing an AI research center in Vietnam. This follows a $250 million investment already made in the country, focusing on building Vietnam's first AI cloud. The deal, signed between Nvidia's CEO Jensen Huang and Vietnam's Prime Minister Phạm Minh Chính, also includes the acquisition of VinBrain, a Vietnamese AI startup. This collaboration aims to leverage Vietnam's data as a national resource to advance AI development and applications within the country. The implications include boosting Vietnam's technological capabilities and fostering AI innovation in Southeast Asia.
Detailed Summary:
The transcript details Nvidia's expansion into Vietnam's AI sector. It can be broken down into the following sections:
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Nvidia's Investment and AI Center: Nvidia CEO Jensen Huang announced the creation of an AI research center in Vietnam. This follows a significant existing investment of $250 million USD already committed to the country. The center is a key part of Nvidia's strategy to develop Vietnam's AI infrastructure.
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Building Vietnam's First AI Cloud: The investment is directly contributing to the development of Vietnam's first AI cloud, highlighting Nvidia's role in building the country's AI capabilities from the ground up.
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Acquisition of VinBrain: A crucial aspect of the deal involves Nvidia's acquisition of VinBrain, an AI startup owned by Vietnam's largest conglomerate, Vingroup. This acquisition provides Nvidia with immediate access to local talent and expertise. Huang explicitly stated, "the data of Vietnam is a national and its natural resource and I was very fortunate to have the partnership of Vin group and we acquired Vin brain". This quote emphasizes the strategic importance of Vietnam's data resources for Nvidia's AI ambitions.
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Strategic Partnership and Implications: The partnership between Nvidia and Vingroup signifies a significant step towards advancing Vietnam's AI capabilities. It positions Vietnam as a key player in the Southeast Asian AI landscape and leverages Vietnam's data as a valuable resource for AI development. The long-term implications include economic growth, technological advancement, and the creation of high-skilled jobs within Vietnam.