Polygon Co-founder Says Nepal Can Turn Hydropower Into AI Computing Power
Sandeep Nailwal, co-founder of the global blockchain network Polygon, said in Kathmandu today that Nepal can become a regional hub for AI infrastructure and digital payments. He said Nepal can turn its hydropower into AI computing power and sell it over the internet instead of selling cheap electricity.
He said a compute industry could add a lot to Nepal's economy within two to five years and raise exports by 50 to 100 percent. He met Finance Minister Swarnim Wagle and Nepal Rastra Bank Governor Bishwo Nath Poudel during the visit, and Polygon gave USD 275,000 to the Prime Minister Disaster Relief Fund for flood victims.
Photo: Florian Hirzinger via Wikimedia Commons (image for representation)
Source: ePardafas
#NepalStartups #AI #Hydropower #SandeepNailwal #TechNepal
Sandeep Nailwal, co-founder of the global blockchain network Polygon, said in Kathmandu today that Nepal can become a regional hub for AI infrastructure and digital payments. He said Nepal can turn its hydropower into AI computing power and sell it over the internet instead of selling cheap electricity.
He said a compute industry could add a lot to Nepal's economy within two to five years and raise exports by 50 to 100 percent. He met Finance Minister Swarnim Wagle and Nepal Rastra Bank Governor Bishwo Nath Poudel during the visit, and Polygon gave USD 275,000 to the Prime Minister Disaster Relief Fund for flood victims.
Photo: Florian Hirzinger via Wikimedia Commons (image for representation)
Source: ePardafas
#NepalStartups #AI #Hydropower #SandeepNailwal #TechNepal
Polygon Co-founder Says Nepal Can Turn Hydropower Into AI Computing Power
Sandeep Nailwal, co-founder of the global blockchain network Polygon, said in Kathmandu today that Nepal can become a regional hub for AI infrastructure and digital payments. He said Nepal can turn its hydropower into AI computing power and sell it over the internet instead of selling cheap electricity.
He said a compute industry could add a lot to Nepal's economy within two to five years and raise exports by 50 to 100 percent. He met Finance Minister Swarnim Wagle and Nepal Rastra Bank Governor Bishwo Nath Poudel during the visit, and Polygon gave USD 275,000 to the Prime Minister Disaster Relief Fund for flood victims.
Photo: Florian Hirzinger via Wikimedia Commons (image for representation)
Source: ePardafas
#NepalStartups #AI #Hydropower #SandeepNailwal #TechNepal
