Nvidia and YTL Forge $4.3 Billion Partnership for AI Infrastructure Development in Malaysia
In a groundbreaking collaboration, Nvidia and YTL are set to partner in a $4.3 billion investment deal. This strategic alliance aims to propel the development of artificial intelligence (AI) infrastructure in Malaysia, making significant strides in the country’s semiconductor manufacturing ambitions.
As reported exclusively by Reuters, YTL and Nvidia are in advanced talks to jointly venture into AI infrastructure, encompassing supercomputers and cloud computing. The project is expected to be hosted at a data center located in Johor, a southern state in Malaysia, with the first operational phase anticipated by mid-2024.
Building Malaysia’s Fastest Supercomputers
Under this groundbreaking partnership, the companies plan to construct Malaysia’s fastest supercomputers, leveraging Nvidia AI chips. Additionally, YTL Power International will harness the power of Nvidia’s AI cloud computing platform to create a substantial language model in Malay, contributing to the nation’s AI ecosystem.
The recent announcement has confirmed that the project will be based at YTL’s data center park in Kulai, Johor. This collaboration is poised to significantly enhance Southeast Asia’s rapidly growing AI landscape and further solidify Malaysia’s position as a formidable player in semiconductor manufacturing.
Nvidia CEO Jensen Huang, speaking to reporters earlier, emphasized the strategic importance of Malaysia as a computing infrastructure hub in Southeast Asia. While not directly confirming the deal, Huang acknowledged YTL’s potential role in advancing Malaysia’s computing infrastructure.
Prime Minister Anwar Ibrahim’s Endorsement
Prime Minister Anwar Ibrahim, through the social media platform X, shared that the collaboration between Nvidia and YTL involves a substantial investment of 20 billion ringgit ($4.29 billion). Anwar sees this decision as a clear indication that Malaysia remains a top choice for foreign investors, particularly technology giants, reinforcing its position as a primary destination in the region. This positive development follows a meeting between Anwar, Jensen Huang, and YTL Power Managing Director Yeoh Seok Hong in Malaysia’s administrative capital, Putrajaya.
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