Close Menu
    Facebook Instagram WhatsApp
    Trending
    • Ryanair profit may come under ‘a bit of pressure’ if oil prices stay high, CEO says
    • European airlines downplay fears of summer jet fuel shortage
    • Clarence Carter: Legendary singer dies at 90
    • The Boys Suffers Ratings Setback with Season 5, Episode 7
    • Kylie Jenner’s ‘Zelda’ Slip-Up Sparks Social Media Frenzy
    • Kylie Jenner’s ‘Zelda’ Slip-Up Sparks Social Media Frenzy
    • US drug overdose deaths dropped for third straight year in 2025, CDC data shows
    • Pentagon strikes agreements with defense firms on containerized missiles
    Facebook WhatsApp
    Friday, May 15
    Finance Pakistan
    Follow
    • Latest

      Ryanair profit may come under ‘a bit of pressure’ if oil prices stay high, CEO says

      May 15, 2026

      European airlines downplay fears of summer jet fuel shortage

      May 15, 2026

      Clarence Carter: Legendary singer dies at 90

      May 15, 2026

      The Boys Suffers Ratings Setback with Season 5, Episode 7

      May 15, 2026

      Kylie Jenner’s ‘Zelda’ Slip-Up Sparks Social Media Frenzy

      May 15, 2026
    • Pakistan

      Imran Khan Names Aliya Hamza Head of PTI Punjab Political Committee

      May 31, 2025

      Senate Committee Examines Electronic Voting System for Overseas Pakistanis

      May 31, 2025

      Imran Khan Signals Willingness for Dialogue and Calls for Direct Talks with Establishment

      May 31, 2025

      Zardari Calls for Dialogue to Strengthen Democracy and Institutions

      May 31, 2025

      International Airlines Resume Flights Over Pakistan While Indian Carriers Stay Banned

      May 31, 2025
    • Business

      Pakistani Rupee Undervalued with Fair Value at 249 per US Dollar, Says Report

      May 31, 2025

      PSX Rally Continues as KSE-100 Nears 120000 Mark on Broad Sector Gains

      May 30, 2025

      Pakistan Stock Exchange Nears 119,000 on Global Boost and Budget Optimism

      May 29, 2025

      KP Faces Fresh Controversy Over Rs33 Billion Solar Project Amid Pricing and Tender Irregularities

      May 28, 2025

      PSX Recovers Slightly After Sharp Drop Gains 112 Points Amid Cautious Trading

      May 27, 2025
    • Tech

      Elon Musk’s company SpaceX to launch space-based mobile call service

      January 2, 2025
    • Sports

      Haris Rauf Shines in ESPN Cricinfo’s Selection of ODI Team 2024

      January 1, 2025
    • Entertainment
    • World

      China Backs Dialogue and Mediation for Peaceful Resolution of International Disputes

      May 31, 2025

      China Says Its Export Controls Follow International Norms and Are Not Targeted

      May 31, 2025

      Chinese Foreign Minister Urges Building China Pacific Island Countries Community with Shared Future

      May 30, 2025

      Prince William’s Private Trips Reveal Commitment to Duchy Amid Growing Royal Duties

      May 30, 2025

      Chinese Foreign Minister and Tonga’s Crown Prince Emphasize Strong Bilateral Ties and Mutual Support

      May 29, 2025
    Follow
    Facebook WhatsApp
    Finance Pakistan
    • Latest
    • Pakistan
    • Business
    • Tech
    • Sports
    • Entertainment
    • World

    GMI cloud to build $500 million AI data centre in Taiwan with Nvidia support

    Latest November 17, 20251 Views
    Facebook WhatsApp LinkedIn Telegram Copy Link
    GMI cloud to build $500 million AI data centre in Taiwan with Nvidia support
    Share
    Facebook WhatsApp LinkedIn Telegram Copy Link

    GMI cloud to build $500 million AI data centre in Taiwan with Nvidia support

    U.S.-based cloud services provider GMI Cloud said on Monday it will build a $500 million artificial intelligence data centre in Taiwan with the support of U.S. chipmaker Nvidia (NVDA.O).

    The data centre will come online by March 2026 and will run on Nvidia’s new Blackwell GB300 chips. The facility will house about 7,000 GPUs across 96 high-density racks, capable of processing nearly 2 million tokens per second. It will draw around 16 megawatts of power.

    GMI Cloud Founder and CEO Alex Yeh said Taiwan needs more data centres as “strategic assets” to support its AI development, adding that the island’s power-supply challenges can be remedied. He said AI demand has been strong, with the company’s GPU utilisation “almost full.”

    “You want to promote local ecosystems – you have to build the data centre first, you have to build the AI cluster first,” he said.

    The deal comes as technology giants around the world are pouring billions into AI infrastructure to support rising workloads, creating a windfall for semiconductor companies including Nvidia, which derives the bulk of its revenue from such sales.

    Nvidia CEO Jensen Huang has previously referred to such clusters as “AI factories” and has in the past year also announced deals to sell its most advanced GPUs to projects in Saudi Arabia and South Korea. U.S. President Donald Trump has said he wants the top AI semiconductors such as Nvidia’s Blackwell chips reserved for U.S. companies.

    Other AI infrastructure projects recently announced in Taiwan include a 100-megawatt AI data centre project announced by Foxconn (2317.TW) and Nvidia in May.

    GMI Cloud, a GPU-as-a-Service provider and one of Nvidia’s cloud partners, already operates data centres in the United States, Taiwan, Singapore, Thailand and Japan.

    Besides the Taiwan project, GMI Cloud plans to build a new 50-megawatt U.S. data centre, and is looking to seek an initial public offering in two to three years.

    The project with Nvidia is expected to generate about $1 billion in total contract value once fully operational, Yeh said.

    Initial customers for the Taiwan AI factory include Nvidia itself, cyber-security firm Trend Micro (4704.T), electronics maker Wistron (3231.TW), Chunghwa System Integration, data-infrastructure provider VAST Data, and industrial solutions firm TECO (1504.TW).

     

    The post GMI cloud to build $500 million AI data centre in Taiwan with Nvidia support appeared first on Profit by Pakistan Today.

    Follow on Facebook Follow on WhatsApp
    Share. Facebook WhatsApp Telegram LinkedIn Copy Link
    Previous ArticlePakistan, China agree to expand digital cooperation at WTDC
    Next Article Gulf stock markets cautious ahead of U.S. jobs report
    Add A Comment

    Comments are closed.

    Gold Price in Pakistan

    1 Tola Gold: Rs. 2,99,600

    See Details
    You may Like

    Ryanair profit may come under ‘a bit of pressure’ if oil prices stay high, CEO says

    Latest

    European airlines downplay fears of summer jet fuel shortage

    May 15, 2026

    Clarence Carter: Legendary singer dies at 90

    May 15, 2026

    The Boys Suffers Ratings Setback with Season 5, Episode 7

    May 15, 2026

    Kylie Jenner’s ‘Zelda’ Slip-Up Sparks Social Media Frenzy

    May 15, 2026
    © 2026 Finance Pakistan | Developed By Webmicron.
    • Terms
    • Contact Us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.