VCI Global Acquires State-of-the-Art NVIDIA H200 AI Chips to Boost AI Cloud Business
Deal News | Jan 27, 2025 | Globenewswire
VCI Global Limited, a diversified holding company, has announced a major acquisition of cutting-edge AI technology through its subsidiary, AI Computing Center Malaysia Sdn. Bhd. The company has invested over $25 million in procuring 64 Supermicro servers equipped with 512 NVIDIA H200 Tensor Core GPUs to advance its AI cloud business. Scheduled to go live in the second quarter of 2025, the AI center in Cyberjaya, Malaysia, will leverage these state-of-the-art GPUs—marking a significant technological achievement as they include advanced tensor cores and enhanced memory bandwidth essential for complex computations and large-scale AI workloads. This investment is anticipated to generate roughly $6 million in annual revenue, pushing earnings up by 20% by 2026. The move positions VCI Global as a pioneering force in the Malaysian AI cloud sector, poised to support the country's digital infrastructure and economic growth.
Sectors
- Technology
- Artificial Intelligence
- Cloud Computing
Geography
- Malaysia – The AI Computing Center is based in Cyberjaya, Malaysia, making it central to the geographical focus of the article.
Industry
- Technology – The article focuses on a major technological development involving NVIDIA's advanced AI chips and cloud computing technologies.
- Artificial Intelligence – The acquisition of NVIDIA H200 GPUs is related directly to AI infrastructure, enhancing capabilities in natural language processing and machine learning.
- Cloud Computing – VCI Global's initiative involves launching an AI cloud business, making cloud computing a central theme.
Financials
- $25 million – The investment amount spent by VCI Global for acquiring NVIDIA H200 Tensor Core GPUs.
- $6 million – The projected annual revenue increase by VCI Global as a result of the investment.
Participants
Name | Role | Type | Description |
---|---|---|---|
VCI Global Limited | Acquiring Company | Company | A diversified holding company with operations in various sectors, including AI and cloud computing. |
AI Computing Center Malaysia Sdn. Bhd. | Target | Company | A subsidiary of VCI Global tasked with the AI cloud business initiative. |
Super Micro Computer, Inc. | Supplier | Company | A technology leader providing the servers necessary for VCI Global's AI infrastructure. |
NVIDIA Corporation | Technology Provider | Company | Provider of the H200 Tensor Core GPUs, essential for the AI cloud services that VCI Global plans to offer. |