Nvidia and YTL Power Join Forces for $4.3B AI Project in Malaysia

• Nvidia and YTL Power Partner for $4.3B AI Project in Malaysia.
• Malaysian Prime Minister Welcomes Nvidia and YTL Power AI Project.
• Nvidia and YTL Power Collaboration to Strengthen Southeast Asia’s AI Ecosystem.

Malaysian conglomerate YTL Power International (YTLP.KL) has announced a partnership with US tech giant Nvidia (NVDA.O) to develop artificial intelligence (AI) infrastructure in Southeast Asia, with an investment of $4.3 billion.

The first phase of the project is expected to be operational by mid-2024 and will be hosted at YTL’s data center park in Kulai, Johor.

This collaboration will see the companies:

• Build Malaysia’s fastest supercomputers: These supercomputers will utilize Nvidia AI chips, providing the country with a significant boost in computational power.
• Develop a large language model in Malay: YTL Power International will leverage Nvidia’s AI cloud computing platform to build a large language model specifically for the Malay language.
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• Strengthen Southeast Asia’s AI ecosystem: This project will contribute to the growth of AI technology and expertise in the region.
• Support Malaysia’s ambitions as a semiconductor manufacturing power: The partnership with Nvidia complements Malaysia’s recent multi-billion dollar investments from other global semiconductor players like Intel and Infineon.

Prime Minister Anwar Ibrahim welcomed the collaboration, stating that it represents a significant investment in Malaysia and highlights the country’s attractiveness as a destination for technology giants.

The Nvidia and YTL Power AI project is expected to have a major impact on Malaysia’s economy, creating jobs and driving innovation in the technology sector. It also sends a positive signal to other potential investors in the region.

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