Nvidia Partners with Vietnamese IT Firm FPT to Construct $200M AI Factory
US chipmaker Nvidia has partnered with Vietnamese IT company FPT to set up a $200 million artificial intelligence (AI) factory in Vietnam. The collaboration, announced on April 23, will lead to the creation of a hub for AI and cloud computing services in the Asian country.
The joint press release stated that FPT and the Nvidia AI factory will serve as a “sovereign cloud” that will focus on AI research and development using Nvidia’s latest technologies. These include Nvidia AI Enterprise software and frameworks and Nvidia H100 Tensor Core GPUs.
The Nvidia AI factory will provide cloud GPU services to FPT’s corporate customers globally and grant them access to core resources designed to improve research capacity, scale AI applications, and achieve productivity and customer experience milestones.
Great news! FPT Corporation and @nvidia today entered a comprehensive strategic partnership to harness the power of #AI across sectors.
Read more: https://t.co/LFncYkP9w8 pic.twitter.com/Mb2hxF5kx2
— FPT Software (@fpt_software) April 23, 2024
The goal of the partnership is to position Vietnam as an “AI hub of the world” while also speeding up the adoption of AI applications in neighboring countries like Japan and South Korea.
As part of the collaboration, FPT has joined the “NVIDIA Partner Network” as a Service Delivery Partner to become a Global Systems Integrator. This will allow the IT firm to leverage Nvidia’s advanced products and technologies to develop tailored cloud services, hardware, software, and, notably, generative AI solutions.
During the signing ceremony, Dr. Truong Gia Binh, FPT Corporation Chairman and Founder, expressed excitement about the partnership.
“FPT is committed to Digital transformation, AI, Cloud, and
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