DIGIASIA Corp, a leading Fintech-as-a-Service (FaaS) ecosystem provider, announced that its subsidiary, Digi Tech Ltd, has secured an initial tranche of 5,120 NVIDIA H200 GPUs, enabling the company to develop and deploy advanced AI enterprise solutions for the Fintech, Telecom and Government sectors.
Now, Digi Tech can not only leverage DIGIASIA's existing infrastructure, but also further strengthen the ecosystem with leading hardware from NVIDIA.
The GPU allocation will significantly expand DIGIASIA's comprehensive FaaS ecosystem, leveraging an estimated USD 200-300 billion annual global opportunity for AI across financial services.
DIGIASIA: Cutting-edge AI powered by NVIDIA
Digi Tech's allocation of NVIDIA H200 GPUs will accelerate the development of DIGIASIA's advanced AI solutions, with the first NVIDIA GPUs deployed by the fourth quarter of 2024.
DIGIASIA will base its AI initiatives out of the Dubai International Financial Centre (DIFC) in the UAE, meaning it will be able to leverage the UAE and DIFC's global leadership to drive cutting-edge AI solutions.
With an initial allocation of 5,120 H200 GPUs, Digi Tech will have the option to acquire an additional 10,240 GPUs.
The initial tranche of NVIDIA GPUs has a total market capitalization of more than $400 million, with the additional GPU options valued at more than $1.2 billion.
This marks a significant investment for DIGIASIA as it plans to provide advanced NVIDIA-powered AI solutions across Southeast Asia, India and the Middle East.
To support the development of these new innovative solutions, DIGIASIA hopes to leverage existing corporate partners and identify additional strategic partners for AI data center hosting.
