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Chip giant Nvidia (NASDAQ:NVDA) and Malaysia’s YTL Power International (OTCPK:YTLPF) will invest more than $4B to build an artificial intelligence (AI) data center in the Asian nation.
The announcement was made at a meeting on Friday between Nvidia (NVDA) top boss Jensen Huang and Malaysian Prime Minister Anwar Ibrahim.
YTL (OTCPK:YTLPF) will deploy NVDA’s H100 Tensor Core graphic processing units at the data center. The partnership will also facilitate the creation of an AI cloud system for Malaysia.
“YTL Power International Berhad (YTL) today announced a collaboration with NVIDIA (NVDA) to build AI infrastructure that will bring the fastest supercomputers to Malaysia by the middle of 2024,” the electric utility said in a statement.
“The AI infrastructure will be hosted in the YTL Green Data Center Park in Kulai, Johor, a 500 MW facility developed by YTL that will be uniquely powered by an equivalent amount of on-site solar energy,” YTL (OTCPK:YTLPF) added.
Malaysian Prime Minister Ibrahim on X (formerly Twitter) said that the investment in the AI data center would be MYR 20B ($4.29B).
“In the meeting (with NVDA CEO Huang), our discussion touched on Malaysia’s potential to become a top 20 country related to artificial intelligence,” Ibrahim said.
“NVIDIA’s (NVDA) decision to invest in Malaysia is a clear signal that foreign investors, especially the world’s technology giants, continue to make Malaysia a preferred investment destination in the region,” the Asian country’s leader added.
YTL (OTCPK:YTLPF) will use Nvidia’s (NVDA) AI Enterprise software. It will also create AI-specific applications and services for its customers. Additionally, the company plans to use Nvidia’s (NVDA) NeMo toolkit to customize a Malay language foundation model.
The collaboration between Nvidia (NVDA) and YTL (OTCPK:YTLPF) was first reported by Reuters.
