KUALA LUMPUR, Malaysia, January 27, 2025 (Globe Newswire) — VCI Global Limited (NASDAQ: VCIG ) (“VCI Global”), through its AI subsidiary, AI Computer Center Malaysia SDN. Bhd. (“AICC” or the “Company”) proudly announces a major acquisition of AI assets through Super Micro Computer, Inc. (NASDAQ: SMCI) (“Supermicro”). This strategic investment includes the procurement of the largest state-of-the-art 64 servers equipped with 512 NVIDIA H200 Tensor Core Graphics Ones (“NVIDIA H200 GPUS”), for the launch of its AI Cloud business.
AICC’s investment of over US$25 million marks a significant milestone in its journey to become a leading AI infrastructure provider. This investment is expected to generate approximately $6 million in annual revenue, representing a projected 20% increase in earnings by 2026. AICC’s first AI computing center, located in Cyberjaya, Malaysia, is expected to go live in Q2 2025.
NVIDIA H200 GPUs represent a fundamental leap in AI technology. As the newest innovation in Nvidia’s Hopper family, the NVIDIA H200 GPU features exceptional performance capabilities, including advanced voltage cores and improved memory bandwidth, enabling it to efficiently process large data and perform complex calculations. Its architecture is specifically designed to accelerate large-scale AI and high-performance (HPC) workloads, making it an ideal choice for generative AI, natural language processing, and advanced machine learning models.
“Through this strategic investment, AICC is proud to be the first in Malaysia to offer cloud AI services powered by NVIDIA H200 GPUs. This acquisition of the best AI assets not only unlocks a new revenue stream for AICC, but also strengthens its position in the advancement of AI Cloud services. We are confident in growing our AI Cloud business, taking advantage of the opportunities in the cloud computing industry as we further strengthen the AI ecosystem of Malaysia and contributing to its economic development,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
About VCI Global Limited
VCI Global is a diversified holding company headquartered in Kuala Lumpur, Malaysia. The company operates through five core businesses: Capital Markets Consulting, Fintech, Real Estate, AI & Robotics, and Cybersecurity. In capital market consulting, we offer IPO solutions, investor relations (IR) and public relations (PR) consulting, and M&A consulting. Our Fintech arm provides a proprietary funding platform. In real estate, we offer specialized real estate consulting services. The AI business delivers GPU servers, GPU cloud computing services, AI and large language model (LLM) solutions, while the robotics segment focuses on post-harvest robotics systems. Our Internet Security segment provides comprehensive Internet security consulting services. Committed to driving innovation and delivering exceptional value, VCI Global has established a strong presence across the Asia-Pacific region, the United States, Europe and the Middle East, driving growth and transformation at scale. global.
For more information on the company, please visit https://v-capital.co/.
About Super Micro Computer, Inc.
Supermicro is a global technology leader committed to delivering market-first innovation for enterprise, cloud, AI, MetaSe and 5G Telco/Edge IT Infrastructure. We are a total rock-scale IT solutions provider that designs and builds an environmentally friendly and energy-saving portfolio of servers, storage systems, switches, software, along with global support services.
For more information, visit http://www.supermicro.com/en/.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements about the company’s ability to grow its business and other statements that are not historical facts, including statements that may be accompanied by the words “intends,” “may,” “anticipates,” “projects,” “anticipates”, “estimates”, “intends”, “believes”, “hopes”, “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are beyond our control. Therefore, you should not rely on any of these forward-looking statements. Actual results may differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of the coronavirus (COVID -19) and Future measures taken by the authorities in the countries where the company has supply chain partners, the demand for the company’s products and the economic situation of the company’s customers, the impact of competitive products and prices, successful management and, conditions general economic and other risk factors detailed in the company’s filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the company undertakes no responsibility to update the forward-looking statements in this release, except in accordance with applicable law.
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