FPT, NVIDIA ink MoU to build 200 million USD AI factory

Vietnam’s tech giant FPT plans to build a 200 million USD artificial intelligence (AI) factory using Nvidia's graphics chips and software, as announced on April 23 in a comprehensive strategic partnership with NVIDIA.
FPT, NVIDIA ink MoU to build 200 million USD AI factory ảnh 1The MoU signing ceremony takes place in Hanoi with the participation of FPT and NVIDIA senior executives. (Photo of the company)
Hanoi (VNS/VNA) – Vietnam’s tech giant FPT plans tobuild a 200 million USD artificial intelligence (AI) factory using NVIDIA'sgraphics chips and software, as announced on April 23 in a comprehensivestrategic partnership with NVIDIA.

The partnership aims to offer a one-stop shop for AI & Cloud consisting ofAI products, GPU infrastructure, tech experts and domain expertise for clientsin Vietnam and all FPT’s presence areas.

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

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

This initiative is a critical part of FPT’s strategy inreinforcing AI research and development, creating AI applications and solutionswith a focus on generative AI, autonomous driving, and green transformation forsustainability. This empowers FPT to realise the vision of transforming Vieetnaminto an AI nation and accelerating the adoption of AI applications in Asia,specifically Vietnam, Japan and the Republic of Korea.

AI Factory will provide cloud GPU services to accompany FPT's corporatecustomers globally to access the most core resources to improve researchcapacity, 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 ofAI platforms and applications with higher value for customers in allindustries.

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

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

Speakingat the signing ceremony, Dr. Truong Gia Binh, FPT Corporation Chairman andFounder, affirmed that  “FPT is committed to Digital transformation, AI,Cloud, and Education. FPT strives to enhance our R&D competence andestablish a comprehensive platform for state-of-the-art products andservices built on AI and Cloud that exceeds global demands, working toachieve its vision to turn Vietnam into an AI hub of the world throughcollaboration with NVIDIA in technology, business development, and training.”

Also at the signing ceremony,  Keith Strier, NVIDIA VicePresident of Worldwide AI Initiative, said: “By accelerating innovation in healthcare,agriculture, climate, manufacturing, and more, AI has the potential to improvelives and strengthen the economies of every nation. FPT is working with NVIDIAto empower organizations across Vietnam to drive transformation, helping thecountry become an AI nation.”/.
VNA

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