FPT Announces Strategic Partnership with Landing AI, Advancing Artificial Intelligence Development and Education
FPT, global technology firm headquartered in Vietnam, and Landing AI, the US's leading computer vision platform and artificial intelligence (AI) software company, today announced a strategic relationship that will drive the application and education of AI. The partnership, inaugurated at the FPT Techday 2023 event in Hanoi, Vietnam, sees FPT becoming one of Landing AI’s major investors and a strategic partner in Asia Pacific. This partnership is expected to mark important advancement in AI collaboration between Vietnam and the United States.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231024997972/en/
FPT - Landing AI partnership announcement ceremony took place at FPT Techday 2023 in Hanoi (Photo: Business Wire)
To promote the application of AI, FPT and Landing AI will explore and develop untapped market opportunities through specific projects, such as implementing computer vision solutions for automotive, manufacturing, healthcare, and education, among many others, leveraging Landing AI’s strong experience in these areas in the North American market and FPT’s broad network in Asia-Pacific region. This plan builds on an earlier agreement between Landing AI and FPT’s subsidiary FPT Software initiated in 2022 to leverage their relative AI expertise to deploy end-to-end visual inspection solutions across Asia.
FPT Software and Landing AI will explore the potential of opening a dedicated engineering centre in Vietnam to develop high-quality workforce in AI and create job opportunities for both companies. At the same time, Dr. Andrew Ng - Landing AI’s founder and CEO and Time Magazine’s Top 100 Most Influential People in AI - will collaborate with FPT Education - FPT’s private, industry targeted education system - as advisor in AI development to create a comprehensive AI curriculum for students from grade 1 to grade 12.
Dr. Andrew Ng, Founder and CEO of Landing AI said: “I am impressed by the vision and capabilities of FPT in solving complex industry challenges through technology, as well as FPT’s commitment to education. FPT not only demonstrates its expertise but highlights Vietnam's potential as a growing digital hub. There is tremendous optimism about what we could achieve together for the future generations driven by AI innovations.”
Commenting on the partnership, FPT Chairman Dr. Truong Gia Binh highlighted: “This collaboration will open up a new era for AI development in Vietnam and bring new opportunities for our country’s future generations to excel in high-tech fields. AI is also one of key areas of cooperation between Vietnam and the United States. I believe FPT - Landing AI partnership marks an important step forward in this collaboration between the two nations.”
Dr. Phong Nguyen, FPT Software Chief Artificial Intelligence Officer, said: “This is an exciting moment for FPT and Landing AI as we share the same ambition of developing breakthrough industrial AI solutions in the era of generative AI. The synergy of our capabilities will accelerate the delivery of innovations for many industries. Together we will bring world-class AI education to Vietnam as well as help create a world-class AI powerhouse in the region.”
FPT considers AI a spearhead to the digital transformation strategy of Vietnam and globally, and has been focusing on enhancing this capability comprehensively in terms of workforce, research and development, facilities and partnership. FPT is one of the founding partners in Open Source AI Alliance led by IBM, Meta, Intel and Dell and has strategic AI partners, including tech giants and world-renowned AI institute Mila. The corporation boasts an AI workforce of 500 experts and 50 with PHDs/masters, and an ecosystem of 20+ AI-enabled products and services with over 200 million monthly end-users per month, and plans to integrate AI into all its offerings to provide an unparalleled experience for its customers. The firm’s AI platform FPT.AI was recently recognized as Best AI Platform in 2023 by the international research institution Software Reviews.
The partnership announcement ceremony took place at FPT Techday - the firm’s annual technology event that brings together leading experts and business leaders to share their visions and drive innovations for the enterprises, governments and the wider community.
FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam. FPT operates in three core sectors: Technology, Telecommunications, and Education. During 35 years of development, FPT has constantly provided practical and effective products to millions of people and thousands of business and non-business organizations worldwide, establishing Vietnam’s position on the global tech map. Keeping up with the latest market trends and emerging technologies, FPT has developed the Made-by-FPT ecosystem of services, products, solutions and platforms, which enables sustainable growth for organizations and businesses and offers distinctive experiences to customers. In 2022, FPT recorded total revenue of US$1.87 billion and 60,000+ employees. For more information, please visit https://fpt.com.vn/en
About Landing AI
Landing AI™ is pioneering the next era of AI in which companies with limited data sets can realize the business and operational value of AI. Guided by a data-centric AI approach, Landing AI’s flagship product is LandingLens™, an enterprise MLOps platform that builds, iterates and operationalizes AI-powered visual inspection solutions for manufacturers. With data quality key to the success of production AI systems, LandingLens™ enables optimal data accuracy and consistency. Founded by Andrew Ng, co-founder of Coursera, and founding lead of Google Brain, Landing AI is uniquely positioned to lead AI from a technology that benefits a few to a technology that benefits all. For more information, visit Landing.ai.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
Mai Duong (Ms.)
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Dubai’s Global Futures Society, World’s Largest Network of Futurists, Grows at Dubai Future Forum With 36 New Institutions Joining29.11.2023 10:35:00 CET | Press release
Dubai Future Foundation announced today that 36 institutions from 17 countries have joined the existing four members of the Global Futures Society, the world’s largest global network of futurists. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231129226268/en/ 36 representatives from institutions who have joined the Global Futures Society (Photo: AETOSWire) Representatives of the international institutions participated in the Dubai Future Forum, which was held at the Museum of the Future on November 27-28, representing the largest global gathering of futurists. The society was launched last year by the Dubai Future Foundation to enhance the role of the Museum of the Future as a global headquarters for international future foresight institutions and to consolidate Dubai’s position as leading platform for strategic thinking. The Global Futures Society is a platform bringing together some of the world’s major institutions invol
SwissAI Optimizes Charging Infrastructure Across Continents29.11.2023 10:26:00 CET | Press release
Mercedes-Benz Mobility AG has chosen SwissAI as an AI provider for network planning & site selection to create their first network. SwissAI provides its automotive partner with a cutting-edge AI-based analysis and forecasting SaaS platform - AIOME. The software accelerates location selection and charging infrastructure deployment plans, while increasing profitability for both our automotive partner and its valued customers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231128632464/en/ SwissAI’s AIOME platform factors in drivers’ behaviors as they move from place to place in their day to day lives. Based on future demand, the platform selects charger locations that offer maximum comfort and convenience, including long-distance travel demand. (Graphic: Business Wire) This exciting partnership supports the development of a global high-power charging network. By the end of the decade, Mercedes-Benz Mobility AG plans to build a
V-Nova completes the acquisition of Parallaxter Srl, the company behind the PresenZ XR technology29.11.2023 10:00:00 CET | Press release
V-Nova, a leading provider of data compression solutions, announces the full acquisition of Parallaxter Srl, completing its prior investments in the company and incorporating it into the V-Nova group. Parallaxter are the XR experts behind the PresenZ technology and this acquisition will greatly expand V-Nova’s portfolio of IP and technologies in VR/XR and gaming, as well as further strengthen its position in the data and video compression industry. V-Nova PresenZ, a Lumiere Award winning format that combines Parallaxter's PresenZ technology and V-Nova's point-cloud compression, is set to revolutionize storytelling in VR. It offers users cinematic photorealism and 6DoF for real-time navigation in pre-rendered scenes, breaking free from static viewpoints and ensuring full immersiveness. V-Nova PresenZ is distributed at scale also to stand-alone XR devices thanks to MPEG-5 LCEVC enhanced pixel streaming. The format dovetails with standard Computer Graphics and Special FX production workfl
PUMA RE:SUEDE Pilot Project Turns Experimental Sneakers Into Compost29.11.2023 09:29:00 CET | Press release
Sports company PUMA showed that it can successfully turn an experimental version of its classic SUEDE sneaker into compost under certain tailor-made industrial conditions, as it announced the results of its two-year-long RE:SUEDE experiment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231129456533/en/ Sports company PUMA showed that it can successfully turn an experimental version of its classic SUEDE sneaker into compost under certain tailor-made industrial conditions, as it announced the results of its two year-long RE:SUEDE experiment. (Photo: Business Wire) In 2021, PUMA created 500 pairs of the experimental RE:SUEDE, using Zeology tanned suede, a TPE outsole and hemp fibres. The RE:SUEDEs were worn for half a year by volunteers in Germany to test the comfort and durability of the shoes before PUMA sent them to a specially equipped industrial composting area operated by its partner Ortessa Group in the Netherlands. A
Matmut Selects Earnix to Deliver Comprehensive Modeling, Pricing, and Rating Engine29.11.2023 09:00:00 CET | Press release
Earnix, the global provider of AI-based SaaS solutions for insurers and banks, today announced that Matmut, a major mutual insurer in France, has chosen, and is now working with, Earnix as its partner. Matmut is one of France's leading property and casualty insurers, offering a range of personal and commercial insurance products. Earnix solutions address Matmut's business and IT needs by integrating easily into its tech stack, enabling rapid pricing adjustments. With Earnix, Matmut can seamlessly integrate machine learning models as part of its pricing strategy. This enables Matmut to not only build, test, and deploy rates into the market with ease, but also benefit from automation, governance, and auditability. Emeric Bellanger, Technical Director of Claims and Pricing at Matmut said, “This partnership empowers our pricing team to provide top leaders with recommended pricing changes based on simulation and the ability to implement these changes more easily." Earnix solutions enable ne