Ubitus Receives Major METI Investment Grant, Investing JPY 17 Billion to Build Japan's Top AI GPU Center [Yahoo! Finance]
NVIDIA Corporation (NVDA)
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Source: Yahoo! Finance
Kuo), today announced that it has been officially selected for the Large-Scale Growth Investment Grant Program for Medium-Sized and Small Enterprises administered by Japan's Ministry of Economy, Trade and Industry (METI). The program aims to support companies in achieving sustainable growth through productivity improvements and growth-oriented investments. Leveraging this grant, Ubitus will focus on expanding next-generation compute infrastructure centered on AI and NVIDIA's latest Blackwell GPU architecture, investing in the development of its NeoCloud platform to further strengthen overall competitiveness. Key Disclosure Items under the Grant Program 1. Selected Project Ubitus' proposed project, "Regional Distributed GPU Infrastructure Development for the Generative AI Era," has been officially approved by METI. 2. Investment Scale Total investment amount: JPY 17 billion , allocated to the deployment of NVIDIA Blackwell GPU Cloud infrastructure Through this investment,
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