No, this monitor has a large heat sink according to asus.
I have the monitor and haven't heard any fan noise to make me think the info was incorrect. If you check the Asus page for teh monitor you will see and image describing the large heatsink keeping it cool for "extended gaming sessions".
7900k, x670E Strix Gaming, 32GB DDR5 6000 Team Group, RTX4090
Full Custom loop with EK Blocks, External Radbox with MORA 1080 and 140.2
Ducky KB, Custom flight Simpit, AW OLED UW,
Denon AVR - QAcoustics Bookshelves & Sub for 4.1 Surround