This is the assessment of The Diplomat website after the event of NVIDIA Corporation signing an agreement to establish an Artificial Intelligence (AI) Research and Development Center and an AI Data Center in Vietnam.
The signing of an agreement by US chip giant NVIDIA to establish an Artificial Intelligence (AI) Research and Development Center and an AI Data Center in Vietnam marks a significant step forward in the plan to turn Hanoi into a technology hub in Southeast Asia.
This is the assessment in an article published on December 6 on the website The Diplomat - an international news magazine about politics, society and culture around the world, especially in the Indo-Pacific region.
The deal involves the expansion of an AI data center owned by Vietnam’s Military Telecommunications Group, which is already using NVIDIA technology, the article said. NVIDIA also said it had acquired healthcare startup VinBrain, a unit of Vietnamese conglomerate Vingroup.
The agreement demonstrates the strong belief of one of the world’s leading AI companies in Vietnam’s future as a regional technology hub. In a statement, NVIDIA expressed “belief in Vietnam’s bright future for AI development.”
The statement quoted CEO Jensen Huang as appreciating Vietnam's vibrant technology ecosystem including researchers, startups and business organizations.
NVIDIA has been considering investing in Vietnam for some time. During a visit to Hanoi late last year, CEO Jensen Huang said his company was committed to investing in Vietnam and making the Southeast Asian country its “second home.” In particular, the company plans to expand partnerships with leading Vietnamese technology companies and support the country in training talent to develop AI and digital infrastructure.
Last year, NVIDIA began working with FPT Group member FPT Smart Cloud – the company’s first cloud partner in Vietnam. In April, FPT announced that it would build a $200 million AI “factory” with NVIDIA using NVIDIA graphics chips and software.
All of this is part of NVIDIA’s expansion efforts in Southeast Asia, a region that is seeing a surge in demand for data services thanks to the booming digital economy. According to a recent report, the market is expected to reach $263 billion by 2023, up from just $31 billion in 2015.
NVIDIA's recent deals in Southeast Asian countries reflect the growing recognition by foreign technology companies of the importance of the region, with its young, tech-savvy population and upwardly mobile society, as both a manufacturing hub and a market for technology products.
The region is also attractive to Western companies looking to reduce their dependence on China, as geopolitical tensions with the US continue to rise.
This year, the CEOs of leading US technology companies Apple and Microsoft also made a trip to Southeast Asia, announcing billions of dollars in investments, especially in data centers designed to support the expansion of AI services./.
Source: https://www.vietnamplus.vn/the-diplomat-be-phong-dua-viet-nam-thanh-trung-tam-cong-nghe-khu-vuc-post999945.vnp
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