SANTA CLARA, Calif., December 5, 2024 (GLOBE NEWSWIRE) — NVIDIA today announced the opening of its first research and development center in Vietnam, demonstrating its confidence in the bright future of artificial intelligence in the country.
The company is collaborating with the Vietnamese government to establish its new Vietnamese research and development center focused on AI. NVIDIA will use the R&D center to focus on software development, capitalizing on the country’s strong STEM engineering talent pool, and to engage industry leaders, startups, government agencies, universities and students to accelerate the adoption of AI.
“We are excited to open the NVIDIA R&D Center to accelerate the AI journey in Vietnam,” said Jensen Huang, Founder and CEO of NVIDIA. “With our expertise in AI development, we will partner with a vibrant ecosystem of researchers, startups and businesses to create incredible AI right here in Vietnam.”
The Vietnam R&D Center will develop valuable platforms for NVIDIA and its partners to drive AI innovation. Researchers and startups will be able to use this infrastructure to develop AI applications for key sectors such as healthcare, education, transportation and finance.
With the country’s rapid expansion in the technology, automobile, electronics and textile sectors, Vietnam has become one of the fastest growing economies in the world. Its AI market has also grown in recent years, buoyed by technological advancements, government support and greater integration of AI across various industries. Since 2021, Vietnam has been promoting the development of AI as part of its digital transformation strategy with the aim of fostering innovation, building a robust AI ecosystem and positioning the country as a regional leader in R&D.
“The Vietnamese government focuses on innovation as one of the key elements of its development strategy,” said Vietnamese Prime Minister Pham Minh Chinh. “With this strategic partnership, the Vietnamese government and NVIDIA are committed to jointly promoting the strong development of AI technology in Vietnam and creating a bright future for the innovation ecosystem and high-tech industry in Southeast Asia. »
NVIDIA has been investing in the Vietnamese technology ecosystem for eight years. The company has engaged with over 100 Vietnamese AI startups as part of its Startup program in addition to 65 universities in the country. Last year, NVIDIA started collaborating with FPT Smart Cloud as Vietnam’s first cloud partner.
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Certain statements contained in this press release, including, but not limited to, statements regarding: NVIDIA’s collaboration with the Vietnamese government to establish its new R&D center in Vietnam focused on AI; NVIDIA uses the Vietnam R&D Center to focus on software development, capitalizing on Vietnam’s strong talent pool of STEM engineers, and to engage industry leaders, startups, government agencies, universities and students to accelerate AI adoption; NVIDIA partners with a vibrant ecosystem of researchers, startups and companies to create incredible AI in Vietnam; the Vietnam R&D Center developing valuable platforms for NVIDIA and its partners to fuel AI innovation; researchers and startups can use Vietnam R&D Center to develop AI applications for key sectors such as healthcare, education, transportation and finance; and the growth of the Vietnamese AI market in recent years, supported by technological advancements, government support and greater integration of AI in various industries, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or improvements to our existing products and technologies; market acceptance of our products or the products of our partners; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in NVIDIA’s most recent reports filed with the Securities and Exchange Commission, or SEC, including, but not limited to, its Annual Report on Form 10-K and its quarterly reports on Form 10-Q. . Copies of reports filed with the SEC are posted on the Company’s website and are available free of charge from NVIDIA. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof and, except as required by law, NVIDIA undertakes no obligation to update these forward-looking statements to reflect events or circumstances. future.
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