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

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08th Dec, 2023. 07:43 pm
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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.

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.