NUS and FPT Launch $50M AI Lab to Revolutionize Asia-Pacific Industries
October 22, 2024
- This collaboration will involve a joint investment of $50 million over the next five years from FPT, NUS, and other stakeholders to enhance AI research and talent development in the Asia-Pacific region. 
- FPT has over a decade of experience in AI research and has recently announced significant investments in AI infrastructure, including a $174 million AI center and a planned $200 million AI factory in Vietnam. 
- The lab will be integrated into NUS's existing AI ecosystem, producing research papers and white papers for international journals and conferences. 
- The National University of Singapore's School of Computing has announced a partnership with FPT, a leading Vietnamese technology corporation, to establish a new AI Lab that will combine NUS's research strengths with FPT's industry expertise. 
- Talent development is a core aspect of the partnership, with plans for joint programs including internships, workshops, and PhD research opportunities to cultivate a skilled AI workforce. 
- The collaboration aims to leverage the strengths of both institutions to drive innovation and address critical industry challenges in sectors such as healthcare, banking, and logistics. 
- David Nguyen, CEO of FPT Asia Pacific, emphasized that the AI Lab will focus on creating groundbreaking solutions for vital industries, including healthcare and transportation. 
- FPT's founder, Dr. Truong Gia Binh, highlighted the strategic significance of this partnership, emphasizing AI's crucial role in shaping the future. 
- The partnership aims to enhance FPT's capacity to commercialize AI solutions and develop a highly skilled workforce, thereby strengthening its competitive edge in the APAC region. 
- NUS Computing and FPT will explore commercialization opportunities for AI-driven products, services, and platforms aimed at global markets. 
- Collaborative research projects will lead to joint publications and case studies, sharing findings with both academia and industry. 
- NUS is Singapore's flagship university, offering a multidisciplinary approach to education and research, with a diverse student body of over 40,000 from 100 countries. 
Summary based on 6 sources
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Sources

Yahoo Finance • Oct 22, 2024
FPT and National University of Singapore Join Forces in Driving AI Innovation and Fostering Talent Development


