Nvidia Seeks Governmental Support for AI Development in Brazil

Nvidia reports increased demand in Brazil from multiple sectors, yet public institutions await government funding for GPU servers. The company recently exceeded financial expectations, but restrictions on exports pose challenges to AI advancement in Brazil. Marcio Aguiar emphasizes the need for governmental support to facilitate technological progress.

Nvidia, represented by Marcio Aguiar, the head of its Enterprise division for Latin America, highlighted the increasing demand for its components and software from Brazilian retailers and telecommunications companies. This demand follows the company’s recent financial results announcement. However, several public institutions, including major research laboratories, are still awaiting government financial support to acquire servers with Nvidia’s advanced GPUs.

In conclusion, while Nvidia experiences significant demand in Brazil, the lack of government funding for public institutions hinders progress in AI advancements. Increased governmental support is essential for fostering more competitive AI initiatives in Brazil and matching the pace of other global leaders in technology. Furthermore, Nvidia’s financial performance indicates robust growth, contrasting with challenges in export regulations impacting the broader industry.

Original Source: valorinternational.globo.com