Abu Dhabi’s G42 Leads $1 Billion Data Center Project in Vietnam

G42 is leading a project with commitments of as much as $1 billion to build data centers and cloud computing services in Vietnam, part of an effort by the United Arab Emirates artificial intelligence champion to expand beyond the Gulf nation.

G42 is working on the project with FPT Corp., a technology and telecommunications firm, and the Viet Thai Group, the companies said in a release on Monday.

The consortium pledged to build three data centers in Vietnam with “consumption commitments” of as much as $1 billion, according to an agreement signed in Ho Chi Minh City. The ...