First Tesla, now Nvidia decided not to reach Nuevo Leonaccording to what the most valuable company in the world told international agencies, while the governor of the entity, Samuel Garcia celebrated with great fanfare an alleged 1 trillion dollar investment in your state.
Nvidia commented that at the moment it does not have any investment plan in the entity and specified that its support plan in the region is for digital transformation. to the technological progress of Latin America and “is based exclusively on cooperation, research and talent development initiatives,” according to an explanatory note published by the company.
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Elon Musk, the technology magnate, is another important company that a couple of years ago decided not to come to Monterrey despite the fact that they had land and even a model to build a mega factory to mass produce engines or even Cyber Truck vehicles, a fact that did not happen, because they decided that for the moment they will undertake strategies in other parts of the world.
Carlos López Jones, financial analyst, commented to this newspaper that it is a bad sign to want to govern in this way by announcing large investments to try to generate confidence, but it is counterproductive since none of them materialize and the result is the worst.
He recalled that in the case of Tesla the euphoria was so great that even Samuel García played with the idea of making Elon Musk godfather at his daughter’s baptism.
“What is happening in Mexico in terms of investment is worrying, not only in Nuevo León, right here, the Mexico Plan proposed attracting 300 billion pesos and only barely 3 thousand have been realized.”
NL government clarifies misunderstanding
The Government of Nuevo León had to come out to clarify that it is actually an Artificial Intelligence data center from the firm Cipre Holdings that uses Nvidia technology.
“Nvidia does not invest, it sells the technology,” said the state Undersecretary of Investment, Emmanuel Loo.
“Nvidia sells chips to companies that manufacture data centers, it is an AI-GDC (Green Data Center) project with Cipre Holdings to set up a data center with Nvidia technology.”
He clarified that the million-dollar investment of one billion dollars will actually take place over the next 10 years.
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“It will be the first artificial intelligence center with Nvidia technology, they do not manufacture, they only design the chips and have companies that manufacture them, in fact servers with Nvidia technology from Lenovo, Quanta and Quanta Computers are already made in Nuevo León.”
Until the closing of this edition Governor Samuel García maintained the posts on his social networks where he celebrated the supposed investment with great fanfare..