Fiscal Nepal
First Business News Portal in English from Nepal
swornim wagle parliament
KATHMANDU – The Government of Nepal has announced the establishment of the country’s first “Sovereign AI Compute Center” in Syuuchatar, Kathmandu.
Presenting the national budget for fiscal year 2083/84, Finance Minister Dr. Swarnim Wagle said the facility will be developed as a major milestone in Nepal’s technological advancement.
According to him, the center will be fully sovereign in structure and will provide affordable high-performance computing resources for AI entrepreneurs and startups by deploying thousands of AI processing units.
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