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Nvidia inks Vietnam AI deal, buys VinBrain

Nvidia has signed an agreement with the Vietnamese government to set up AI R&D and data centers in the country.

The announcement came during a ceremony in the capital Hanoi on Thursday, attended by Nvidia CEO Jensen Huang and Vietnamese Prime Minister Pham Minh Chinh.

Financial details of the planned facilities were not disclosed. The partnership focuses on enhancing Vietnam’s AI and digital infrastructure capabilities.

Nvidia also announced it has acquired VinBrain, a healthcare startup owned by the Vietnamese conglomerate Vingroup. The value of this acquisition was not revealed.

Recent Nvidia developments

Timeline
05-Dec-2024 💻 Nvidia, Schneider Electric build cooling for AI data centers
  • Schneider Electric partners with Nvidia on cooling tech
  • New systems for Nvidia’s AI servers debuting next year
04-Dec-2024 💼 Nvidia mulls mergers, acquisitions to use cash reserves
  • Nvidia plans potential mergers and acquisitions.
  • CFO says moves could enhance projects with skilled teams.
26-Nov-2024 🎶 Nvidia launches AI audio manipulation tools
  • Nvidia unveils Fugatto AI for audio manipulation.
  • Transforms sounds and modifies accents creatively.
23-Nov-2024 ⚙️ Nvidia fast-tracks Samsung’s advanced AI chip certification
  • Nvidia fast-tracks Samsung’s AI memory certification.
  • 8-high and 12-high HBM3E chips enhance AI processing.
22-Nov-2024 📈 Nvidia reports 94% revenue jump despite slower growth
  • Nvidia’s Q3 revenue up 94% to $35.08B.
  • Growth slows from 122% in Q2 to 94%.

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