April 19, 2024
Nvidia and YTL Power partner for $4.3 billion AI project in Malaysia

Nvidia and YTL Power partner for $4.3 billion AI project in Malaysia

Malaysian conglomerate YTL’s utility unit is set to collaborate with U.S. technology giant Nvidia in a $4.3 billion investment to develop artificial intelligence (AI) infrastructure in Malaysia. The first phase of the project, focusing on supercomputers and cloud computing, is expected to be operational by mid-2024, hosted at a data center in Johor.

Nvidia’s AI chips will be utilized to build Malaysia’s fastest supercomputers, while YTL Power International will employ Nvidia’s AI cloud computing platform to construct a large language model in Malay.

The partnership aims to bolster Southeast Asia’s growing AI ecosystem and contribute to Malaysia’s aspirations as a semiconductor manufacturing powerhouse. Malaysia has attracted significant multi-billion dollar investments from global semiconductor players like Intel and Infineon in recent years.

Prime Minister Anwar Ibrahim highlighted the collaboration’s significance, stating that it involves a 20 billion ringgit ($4.29 billion) investment. Nvidia CEO Jensen Huang emphasized Malaysia’s importance as a computing infrastructure hub in Southeast Asia, with YTL playing a crucial role in providing access to land, facilities, and power.

The decision to invest in Malaysia signals the country’s appeal to foreign technology giants, positioning it as a primary destination in the region.

Image by lifeforstock on Freepik

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