Cassava Technologies is set to invest approximately $720 million in building Africa’s first artificial intelligence factory, in collaboration with Nvidia Corporation. This initiative will see the establishment of AI-ready data centers across several countries, including South Africa, Egypt, Nigeria, Kenya, and Morocco.
The pan-African technology firm, established by Strive Masiyiwa, aims to deploy advanced computing and AI software from Nvidia throughout the continent. Hardy Pemhiwa, the president and CEO of Cassava, emphasized the need for local investment, stating, "If we don’t take the first step to deploy our own capital… we can’t expect others to go first." This project aims to ensure that Africa remains competitive in the global technology landscape.
The first phase of the project will see South Africa receive 3,000 graphic processing units (GPUs) from Nvidia, scheduled for deployment by June. Over the next few years, Cassava plans to expand this installation to 12,000 GPUs across Africa, starting with the initial batch in South Africa. Pemhiwa described the GPUs as foundational for building a robust AI ecosystem, noting that the overall investment is not just in the GPUs but in developing the full infrastructure needed for AI innovation.
With Nvidia holding a 93% share of the global GPU market, Pemhiwa considers them a natural fit for this partnership, highlighting their dominance and market leadership. The AI factory will cater to researchers, start-ups, and developers in various sectors such as healthcare, fintech, and government.
Meanwhile, reports have surfaced about Microsoft scaling back its data center projects globally, indicating the tech giant’s reassessment of its plans for AI and cloud infrastructure.
Welcome to DediRock, your trusted partner in high-performance hosting solutions. At DediRock, we specialize in providing dedicated servers, VPS hosting, and cloud services tailored to meet the unique needs of businesses and individuals alike. Our mission is to deliver reliable, scalable, and secure hosting solutions that empower our clients to achieve their digital goals. With a commitment to exceptional customer support, cutting-edge technology, and robust infrastructure, DediRock stands out as a leader in the hosting industry. Join us and experience the difference that dedicated service and unwavering reliability can make for your online presence. Launch our website.