The South Korean authorities and the nation’s largest firms have reached a take care of Nvidia to provide over 260,000 accelerator chips, which is able to assist speed up the event of the nation’s AI infrastructure.
The announcement was made on the sidelines of the APEC Summit in South Korea.
The deal was organized by South Korea’s Ministry of Science and ICT (MSIT) with the assistance of 4 firms: Samsung Electronics, SK Group, Hyundai Motor Group, and Naver Cloud.
Native analysts famous that the quantity of GPUs concerned is 5 instances the present quantity in South Korea, estimated at 45,000 items. Though MSIT and Nvidia didn’t disclose the monetary particulars of the transaction, The Chosun Each day estimated its worth at roughly 14.8 trillion Korean gained (about US$7.8 billion to $10.4 billion). This estimate is predicated on the price of the Blackwell B200, Nvidia’s newest GPU, which prices about $30,000 to $40,000 per unit.
MSIT sovereign AI initiative
South Korean Deputy Minister and MSIT Minister Bae Kyung-hoon stated that the most recent partnership with Nvidia will assist the nation change into one of many world’s AI powerhouses.
“Now that AI has gone past mere innovation and change into the inspiration of future industries, South Korea stands on the threshold of transformation,” Bae stated in an announcement. “Increasing our nationwide AI infrastructure and growing applied sciences with Nvidia is an funding that may additional reinforce South Korea’s strengths, together with its manufacturing capabilities.”
Beneath the agreements signed with the US know-how agency, the MSIT will safe 50,000 items of Nvidia’s newest GPU to develop South Korea’s sovereign AI fashions. These GPUs will likely be deployed on the Nationwide AI Computing Middle, in addition to at Naver Cloud, NHN Cloud, and Kakao Corp. amenities.
In line with the MSIT, analysis institutes, startups and AI firms will be capable to use this infrastructure to develop fashions and functions, which is able to help Korea’s nationwide technique to boost its AI capabilities and infrastructure.
Learn the total story at Light Reading.
