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Vietnamese tech company to build $200M AI factory with Nvidia

Vietnamese IT firm FTB and Nvidia Will Join Forces to Construct a Cutting-Edge $200 Million AI factory

The Vietnamese IT company FPT and Nvidia, a global leader in semiconductor chip production, said they would be collaborating to finance and build a $200 million artificial intelligence (AI) factory in Vietnam. In a joint statement on April 23, the companies said their initiative aims to create a “one-stop shop” for all things AI and cloud computing in Vietnam. Its targets include AI products, GPU infrastructure, tech experts and domain expertise for local clients.

FPT plans to invest funds in the AI factory, which will serve as a “sovereign cloud,” while Nvidia will supply its latest tech. This will include its AI enterprise software and frameworks, along with Nvidia H100 Tensor Core GPUs.

According to the statement, FPT aims to establish Vietnam as an “AI hub of the world” and turn the country into an AI nation while accelerating the adoption of AI applications in neighboring countries such as Japan and Korea.