VietnamTech giants FPT andNvidiaThe two companies announced a comprehensive strategic partnership on Tuesday (today) local time. The two parties plan to invest US$200 million (currently approximately RMB 1.45 billion) and use NVIDIA's technology to build an artificial intelligence factory.
In a joint statement, the two parties said that FPT plans to use Nvidia’s support to promote AI research and provide services and solutions to Vietnamese and global customers.Nvidia will also help FPT develop AI technologies in areas such as automotive and digital transformation.
According to Reuters,FPT is the most valuable technology company on the Ho Chi Minh City Stock Exchange in Vietnam, with a market value of US$5.5 billion, provides various AI, cloud computing and big data services, with total revenue exceeding US$2 billion last year (currently approximately RMB 14.5 billion).
Nvidia CEO Jen-Hsun Huang said in December last year:The company hopes to expand cooperation with Vietnam's top technology companies and support Vietnam in cultivating talents in artificial intelligence and digital infrastructure development. Currently, NVIDIA has invested more than US$250 million (currently about RMB 1.813 billion) in Vietnam.
As reported earlier this month, Nvidia had previously partnered with Indosat Ooredoo Hutchison, Indonesia's second-largest mobile communications company, to build an artificial intelligence development center in Solo, Central Java, with a total investment of US$200 million.
at present,Southeast Asia has become one of Nvidia's important sources of revenueNvidia's filing with the U.S. Securities and Exchange Commission last year showed that about 15%, or $2.7 billion, of the company's quarterly revenue came from Singapore.
In addition, Singapore Telecommunications also announced in January this year that it would cooperate with NVIDIA to deploy artificial intelligence functions in its data centers throughout Southeast Asia. This cooperation will further promote the application and development of artificial intelligence technology in Southeast Asia.