TOKYO: Nvidia Corp plans to help build an artificial intelligence (AI) tech-related ecosystem in Japan to meet demand in a country eager to gain an edge in AI.
The Santa Clara, California-based company will seek to partner with Japanese research organisations, companies and startups to build factories of AI, chief executive officer Jensen Huang said during opening remarks in a meeting with Japanese Economy Minister Yasutoshi Nishimura.
Nvidia will set up an AI research laboratory and invest in local startups and educate the public on using AI, Huang said.
Nvidia’s graphics chips, which process large amounts of data by performing calculations in parallel, have become the leading tool for training AI services.
Prices for Nvidia chips have surged as companies and governments fight to develop their own AI prowess.
Huang, earlier this week, met with Japanese Prime Minister Fumio Kishida and promised to do his best to prioritise Japan, according to local news reports.
“We will build a network of AI factories here in Japan, so that Japan can process the data of the society and create intelligence for the society and for the industry,” he said. Tokyo is trying to regain tech leadership by leveraging its expertise in materials science and chipmaking tools and by supplying billions of dollars in subsidies to ramp up domestic production. — Bloomberg