NUS and FPT Launch $50M AI Lab to Revolutionize Asia-Pacific Industries
October 22, 2024This 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
Get a daily email with more AI stories
Sources
Yahoo Finance • Oct 22, 2024
FPT and National University of Singapore Join Forces in Driving AI Innovation and Fostering Talent Development