VCI (US:VCIG) Newsfilter·2024-06-11 12:39Core Insights - VCI Global Limited announced a strategic plan to build AI computing data centers to meet the growing computational demands of AI workloads, marking a significant step in technological advancement [2][3] - The AI computing data center will utilize advanced water-cooled H200 GPUs, providing GPU as a service (GPUaaS) to various sectors, enhancing computational efficiency while promoting sustainable energy use [3][4] - The global GPUaaS market is projected to grow at a CAGR of 35.8% from 2024 to 2032, reaching approximately US$49.84 billion by 2032, driven by the increasing demand for cloud computing and AI across multiple industries [4] - VCI Global plans to establish its first AI computing data center in Malaysia by Q1 2025, with intentions to expand to Europe and the United States by the end of 2025 [5][6] - The company is in negotiations with leading technology partners and GPU suppliers to ensure the successful implementation of its data center projects [5][6] Company Overview - VCI Global is a diversified holding company focusing on consulting, fintech, AI, robotics, cybersecurity, and gamification, with operations primarily in Asia and visibility across multiple regions [7] - The company offers consulting services in capital markets, real estate, AI, and technology, and operates a proprietary financing platform for businesses and individuals [7]