Laurent Jengar
December 06, 2024 04:55
NVIDIA is set to open its first research and development center in Vietnam, strengthening the country’s AI sector and fostering innovation in collaboration with the government.
NVIDIA takes a big step forward in its global AI strategy by establishing its first research and development (R&D) center in Vietnam, according to NVIDIA Press Room. The move underscores the company’s confidence in Vietnam’s thriving artificial intelligence (AI) landscape.
Strategic collaboration with the Vietnamese government
NVIDIA is working closely with the Vietnamese government to set up the new R&D center, which will primarily focus on software development. The center aims to leverage the country’s rich STEM talent pool and foster collaboration with industry leaders, startups and academic institutions to accelerate the adoption of AI. This initiative aligns with Vietnam’s national strategy to strengthen its digital transformation and position the country as a regional leader in AI research and development.
Supporting Vietnam’s Growing AI Ecosystem
The R&D center is expected to serve as an innovation hub, providing platforms for researchers and startups to develop AI applications targeted at key sectors such as healthcare, education, transportation and finance. Jensen Huang, founder and CEO of NVIDIA, expressed his enthusiasm for the new venture, highlighting the company’s commitment to partnering with Vietnam’s dynamic ecosystem to advance AI.
Vietnam’s rapid economic and technological growth
Vietnam is currently experiencing rapid growth in several sectors, including technology, automotive, electronics and textiles, making it one of the fastest growing economies in the world. The country’s AI market has also grown, supported by technological advancements and government initiatives to foster innovation and build a robust AI ecosystem.
NVIDIA’s continued investment in Vietnam
For more than eight years, NVIDIA has been actively investing in the Vietnamese technology sector. The company has engaged with more than 100 Vietnamese AI startups through its Inception program and is collaborating with 65 universities in the country. Last year, NVIDIA partnered with FPT Smart Cloud, marking its first collaboration with a Vietnamese cloud service provider.
Vietnamese Prime Minister Pham Minh Chinh highlighted the potential of the strategic partnership to promote the development of AI technology in Vietnam and improve the innovation ecosystem in Southeast Asia.
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