Nvidia, whose chips power artificial intelligence, and Indonesia’s telco PT Indosat Ooredoo Hutchison plan to build an artificial intelligence (AI) center in Central Java in 2024, worth $200 million, the communication minister said.
Quoting Budi Arie Setiadi in a statement, Reuters reported on Thursday that the AI center could consists of telecommunication infrastructure or a human resource center and will be located in Surakarta city.
Indosat’s Chief Executive Officer has provided information of the investment plan to Surakarta mayor Gibran Rakabuming Raka, who is also Indonesia’s vice president elect and the son of the outgoing President Joko Widodo.
“Why in Surakarta? Because they are ready, have good human resources and 5G infrastructure,” he was quoted as saying.
Indosat and Nvidia did not immediately respond to requests for a comment, the report added.
In December last year, Malaysian utility firm YTL Power International Bhd (YTL) has announced a collaboration with NVIDIA to build artificial intelligence (AI) infrastructure that will bring the fastest supercomputers to Malaysia by the middle of 2024.
According to the statement then, the AI infrastructure will be hosted in the YTL Green Data Center Park in Kulai, Johor (Southern region of Malaysia), a 500 MW facility developed by YTL that will be uniquely powered by an equivalent amount of on-site solar energy.
YTL Communications Sdn Bhd, the telecommunications subsidiary of YTL, will own and manage the AI infrastructure that will provide AI computing services to the nation.
Nvidia and Alphabet Inc saw the biggest jump in their market capitalisation in March, driven by AI enthusiasm and anticipation for new products and expansion plans, according to a separate Reuters‘ report.
Nvidia’s market cap soared to $2.25 trillion at March-end, up 14 percent from February.
Nvidia’s shares saw an upswing last month as the chip maker announced its latest flagship AI processor is slated for release later this year.
Featured photo credits: NVIDIA’s Facebook page