NVDA - DIGIASIA Corp Advances into AI Solutions for Financial Services Telecom and Government Sectors with NVIDIA GPU Allocation | Benzinga
~ Initial Access to 5,120 of NVIDIA's Latest and Most Powerful GPUs ~
~ Develop and Deploy Advanced AI Enterprise Solutions for Fintech, Telecom, and Governments, Leveraging DIGIASIA's Existing Infrastructure and NVIDIA's Superior Hardware ~
~ Significant Expansion of DIGIASIA's Comprehensive "Fintech as a Service" Ecosystem, Tapping into an Estimated USD 200-300 Billion Annual Global Opportunity for AI Across Financial Services1 ~
~ Catalyst to Achieve Significant Growth of Top and Bottom Line Beginning in the Fourth Quarter of 2024 ~
NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Digi Tech Limited, the UAE based subsidiary of DIGIASIA Corp. (NASDAQ:FAAS) ("DIGIASIA" or the "Company"), a leading Fintech as a Service ("FaaS") ecosystem provider, has secured allocation of an initial tranche of 5,120 NVIDIA H200 GPUs (NASDAQ:NVDA). The access to NVIDIA's GPUs will propel DIGIASIA's development of cutting-edge AI solutions for enterprise customers in fintech, telecom, and government sectors. The first iteration of these NVIDIA-powered solutions is expected to be deployed by the fourth quarter of 2024. DIGIASIA will base operations for its AI initiatives out of the Dubai International Financial Center ("DIFC") in the UAE leveraging on the UAE and the DIFC's global leadership in the advancement of advanced AI solutions.
Structure of Transaction and AI Fintech Platform
DIGIASIA has been allocated an initial tranche of 5,120 NVIDIA H200 GPUs with the option for an additional 10,240 GPUs. The ...