TAIPEI (Taiwan News) — GMI Cloud announced plans to build an NT$15.6 billion (US$500 million) AI data center in Taiwan using Nvidia’s Blackwell GB300 chips, set to open by March, Reuters reported Monday.

The facility will host roughly 7,000 GPUs across 96 high-density racks. It will be capable of processing nearly 2 million tokens per second and draw about 16 megawatts of power.

Founder and CEO Alex Yeh said Taiwan needs more data centers as “strategic assets” to support AI development. He noted that strong AI demand has kept GMI Cloud’s GPU utilization “almost full.”

Yeh said the Taiwan project is expected to generate around NT$32.21 billion in total contract value when operational, with the company eyeing a potential IPO within two to three years.

The project aligns with a global surge in AI infrastructure investment, which has benefited semiconductor companies such as Nvidia. Other AI infrastructure plans in Taiwan include an AI data center by Foxconn and Nvidia, announced in May.

GMI Cloud, a GPU-as-a-Service provider and Nvidia cloud partner, operates data centers in the US, Taiwan, Singapore, Thailand, and Japan. It plans to build a new 50-megawatt facility in the US.