FPT and NVIDIA ink MoU to build $200m AI factory

16:55 | 23/04/2024 Vietnamese Brands Follow Ven.vn on

Việt Nam’s tech giant FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia's graphics chips and software, as announced on Tuesday, in a comprehensive strategic partnership with NVIDIA.

HÀ NỘI — Việt Nam’s tech giant FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia's graphics chips and software, as announced on Tuesday, in a comprehensive strategic partnership with NVIDIA.

The partnership aims to offer a one-stop shop for AI & Cloud consisting of AI products, GPU infrastructure, tech experts and domain expertise for clients in Việt Nam and all FPT’s presence areas.

This will be attained by establishing AI factories for AI research and development in the region, expanding advanced AI and cloud capabilities on a global scale, and fostering a future-ready workforce in technology.

The AI factory will serve as a sovereign cloud and will feature NVIDIA’s latest technologies, including NVIDIA AI Enterprise software and frameworks and NVIDIA H100 Tensor Core GPUs.

This initiative is a critical part of FPT’s strategy in reinforcing AI research and development, creating AI applications and solutions with a focus on generative AI, autonomous driving, and green transformation for sustainability. This empowers FPT to realise the vision of transforming Việt Nam into an AI nation and accelerating the adoption of AI applications in Asia, specifically Việt Nam, Japan and Korea.

AI Factory will provide cloud GPU services to accompany FPT's corporate customers globally to access the most core resources to improve research capacity, accelerate the speed of AI application, especially Generative AI, achieving breakthroughs in improving productivity and customer experience.

At the same time, it helps FPT accelerate the construction and development of AI platforms and applications with higher value for customers in all industries.

As part of the collaboration, FPT has joined the NVIDIA Partner Network as a Service Delivery Partner and aims to become a Global Systems Integrator, leveraging the full potential of NVIDIA's cutting-edge products and technologies to develop bespoke cloud services, hardware, software and, most importantly, generative AI solutions.

Prioritising three key verticals, including automotive, manufacturing, banking, financial services and insurance, FPT will offer end-to-end generative AI services, empowering businesses to unlock the next level of productivity and automation. The integrations will enhance FPT’s AI labs while introducing new software frameworks.

Speaking at the signing ceremony, Dr. Trương Gia Bình, FPT Corporation Chairman and Founder, affirmed that “FPT is committed to Digital transformation, AI, Cloud, and Education. FPT strives to enhance our R&D competence and establish a comprehensive platform for state-of-the-art products and services built on AI and Cloud that exceeds global demands, working to achieve its vision to turn Vietnam into an AI hub of the world through collaboration with NVIDIA in technology, business development, and training.”

Also at the signing ceremony, Keith Strier, NVIDIA Vice President of Worldwide AI Initiative, said: “By accelerating innovation in healthcare, agriculture, climate, manufacturing, and more, AI has the potential to improve lives and strengthen the economies of every nation. FPT is working with NVIDIA to empower organizations across Việt Nam to drive transformation, helping the country become an AI nation.”

Source: VNS

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