Nvidia, Vietnamese government ink agreement to boost AI development

Nvidia and the Vietnamese government signed an agreement on Thursday aimed at advancing artificial intelligence development in the Southeast Asian nation.

Details of the agreement were not made public immediately, News.Az reports, citing foreign media.

Nvidia CEO Jensen Huang visited Hanoi a year ago, when he said that the artificial intelligence chipmaker wanted to expand its partnerships with Vietnam's top tech firms and support the country in training talent for developing AI and digital infrastructure.

In April, Vietnamese tech firm FPT said it planned to build a $200 million artificial intelligence factory using Nvidia's graphic chip and software.

Thursday's agreement was signed in Hanoi in the presence of Huang and Vietnamese Prime Minister Pham Minh Chinh.

"AI is important for Vietnam," Huang said after the signing. "AI is new infrastructure that will boost growth."

News.Az