[News] NVIDIA Reportedly to Partner with India for Chip Tailored for Local Market

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According to Economic Daily News, which cites the report by Indian media outlet The Economic Times, U.S. AI giant NVIDIA has proposed collaborating with India to develop AI chips, aiming to leverage the country’s semiconductor design talent and tap into its growing local market.

According to The Economic Times, NVIDIA CEO Jensen Huang proposed this idea during his meeting with Indian Prime Minister Narendra Modi in the U.S. earlier this year.

The Economic Times reported that Ashwini Vaishnaw, the Indian Union Minister for Electronics and IT, has confirmed that the country is currently in discussions with NVIDIA about jointly developing an AI chip. These discussions are still in the preliminary stage.

Citing local officials, the Economic Times indicated that NVIDIA intends to utilize India’s vast chip design talent pool to develop chips specifically for the Indian market. The government is currently discussing the details, including costs, benefits, and use cases.

This collaboratively developed chip could be tailored for specific use cases in the local market, such as the security system of Indian Railways, according to The Economic Times.

According to the press release from NVIDIA, the NVIDIA AI Summit India is scheduled to take place in Mumbai from October 23rd to 25th. The press release emphasized NVIDIA’s critical role in India’s emergence as an AI powerhouse, noting that the company has six locations across the country with over 4,000 employees.

Notably, CEO Jensen Huang will deliver a speech on October 24th, addressing how AI is revolutionizing industries worldwide and highlighting India’s growing significance as a global AI leader, as indicated by the press release.

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(Photo credit: NVIDIA)