YTL Power International and Nvidia are gearing up to close a $4.3 billion deal that will bolster AI infrastructure in Malaysia.
In Brief
YTL has revealed its collaboration with Nvidia, focusing on the development of robust AI infrastructure in Malaysia, backed by a significant $4.3 billion investment.
The infrastructure conglomerate YTL Power International’s The utilities division has established a partnership with the US tech giant. Nvidia Their goal is to construct cutting-edge AI infrastructure in Malaysia, made possible through this substantial $4.3 billion investment.
Together, these companies will embark on developing Malaysia’s premier supercomputers, utilizing Nvidia's AI chip technology. Furthermore, YTL will harness Nvidia’s platform to build a significant Malay-language model. AI cloud computing This project holds the promise of significantly boosting Southeast Asia’s burgeoning AI landscape and contributing to its status as a manufacturing leader. The initial phase of this collaboration is expected to launch by mid-2024.
"Malaysia is becoming a key location for computing infrastructure in Southeast Asia, necessitating access to land, facilities, and power, and YTL is poised to play a crucial role in that ecosystem,\" remarked Jensen Huang, CEO of Nvidia. Malaysia’s aspirations as a semiconductor The AI infrastructure will be situated in YTL’s data center park located in Kulai, a region within the Malaysian state of Johor.
Malaysia is emerging as a burgeoning center for AI infrastructure.
The ongoing development of the digital economy has catalyzed substantial investments in digital infrastructure throughout the region, with AI and cloud computing technologies playing a central role in this evolution. Notably, Malaysia has attracted significant multi-billion dollar investments from leading global semiconductor companies such as Intel and Infineon.
Recently, Intel announced its intention to build a new facility in Malaysia aimed at increasing its capacity for chip packaging services.
This new factory in Penang is Intel's first offshore location dedicated exclusively to advanced 3D chip packaging, and the company is also establishing an additional chip assembly and testing facility in Malaysia as part of its broader $7 billion investment initiative in Southeast Asia.
With the advent of this $4.3 billion partnership between YTL and Nvidia, Malaysia's advancement in AI infrastructure is gaining momentum, further transforming the regional technology landscape. Southeast Asia Please keep in mind that the content on this page is not meant to serve as legal, tax, investment, or financial advice. It’s essential to only invest what you can afford to lose and consult with a financial advisor if you have any uncertainties. For more information, we recommend checking the issuer's terms and policies as well as the help resources available. MetaversePost strives for accurate and neutral reporting, but market dynamics can change unexpectedly.
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