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Nvidia signs a new agreement with Vietnam, expanding AI development‼️

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🔸Nvidia and the Vietnamese government signed an agreement on December 5 to jointly establish a research and development center for AI and a datacenter.
🔸Nvidia acquires VinBrain, a healthcare startup of Vingroup, a conglomerate in Vietnam (amount undisclosed).
CEO Jensen Huang of nvidia expressed eagerness to expand partnerships with major technology companies in Vietnam and support the development of AI talent during his visit to Hanoi one year ago.
Vietnam's technology company FPT plans to build a 0.2 billion dollar AI factory using NVIDIA's graphics chips and software in April 2024.
CEO Jensen Huang and Vietnam's Prime Minister Pham Minh Chinh attended the signing ceremony of the agreement. Detailed amounts for the research and development center and datacenter were not disclosed.
Prime Minister Pham Minh Chinh expressed the desire to use AI to promote economic growth and to utilize it for clean energy development. He outlined plans to convert solar, wind, and wave energy into clean energy.
Nvidia signs a new agreement with Vietnam, expanding AI development‼️
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