FPT and Nationwide College of Singapore Be part of Forces in Driving AI Innovation and Fostering Expertise Improvement

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SINGAPORE — The Nationwide College of Singapore’s Faculty of Computing (NUS Computing) has entered right into a partnership with FPT, a number one international expertise company primarily based in Vietnam, to advance the sphere of synthetic intelligence (AI). This collaboration plans a joint funding of US$50 million, to be contributed by FPT, NUS, and different key gamers within the native and regional AI ecosystems over the subsequent 5 years, aiming to drive pioneering analysis in AI and improve expertise improvement.

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This partnership is not going to solely strengthen FPT’s capability to commercialise AI options and enhance its R&D capabilities but in addition foster the event of top-tier AI workforce, thereby enhancing its aggressive benefit within the APAC area and past.

This partnership is not going to solely strengthen FPT’s capability to commercialise AI options and enhance its R&D capabilities but in addition foster the event of top-tier AI workforce, thereby enhancing its aggressive benefit within the APAC area and past.

New AI Lab to propel collaborative analysis, innovation, and commercialisation initiatives

A key focus of this partnership is the institution of a state-of-the-art AI Lab. Combining the strengths of NUS’ analysis and FPT’s business experience, the brand new AI Lab will speed up cutting-edge analysis in various domains of AI, together with machine studying, information analytics, pure language processing, and laptop imaginative and prescient, benefiting Singapore, the Asia Pacific area, and past.

Hosted at NUS Computing, the brand new AI Lab might be a part of the College’s dynamic AI ecosystem, collaborating with the NUS AI Institute (NAII) – which brings collectively AI researchers and experience throughout the College. The brand new AI Lab’s modern analysis initiatives will deal with AI and automation, emphasizing real-world functions in varied industries, akin to banking and insurance coverage, logistics and transportation, aviation and airline, power and utilities, manufacturing, and extra. As well as, the brand new AI Lab will produce joint analysis papers, case research, and white papers for publication in internationally acknowledged journals and conferences, sharing findings with the educational and enterprise communities.

NUS Computing and FPT can even discover alternatives to commercialize AI-driven options, together with the joint improvement of AI merchandise, providers, and platforms for international markets. By specializing in real-world challenges, the AI Lab will harness the potential of AI to drive constructive developments in sectors crucial to Singapore’s improvement and international progress.

Constructing capability and boosting AI skills

Expertise improvement is one other cornerstone of the partnership. FPT and NUS Computing will conduct joint programmes, akin to internships, workshops, coaching programs, and PhD analysis alternatives, to nurture AI skills. These initiatives will domesticate a pool of extremely expert professionals outfitted with the talents and experience to guide future developments in AI and automation throughout Singapore and the broader APAC area.

Driving Innovation Collectively

FPT Company Founder and Chairman Dr. Truong Gia Binh stated, “FPT believes AI is a pivotal accelerator in shaping the longer term. For greater than a decade, FPT has been actively pursuing AI analysis and improvement to stimulate improvements and has built-in AI into all our providers and options. We additionally invested closely within the coaching and improvement of an AI-ready workforce. The shut partnership with the famend Nationwide College of Singapore may help us harness AI energy to drive mutual progress and success not solely in Singapore and Vietnam however globally.”

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Mr. David Nguyen, FPT Asia Pacific Chief Government Officer, emphasised the strategic significance of the collaboration: “The institution of the AI Lab in Singapore is a cornerstone of our partnership, the place we’ll develop groundbreaking options to deal with challenges throughout industries which can be crucial to the area’s progress and international competitiveness akin to healthcare, banking and insurance coverage, logistics and transportation, aviation and airline, power and utilities, manufacturing, and extra. By leveraging one another’s experience, we goal to speed up innovation and drive impactful outcomes regionally, within the Asia-Pacific area, and worldwide.”

Professor Tan Kian Lee, Dean of NUS Computing, stated, “This synergistic partnership brings collectively the complementary strengths of NUS Computing and FPT. We goal to carry modern AI options to real-world challenges, and on the similar time, contributing to the AI ecosystem in Singapore and globally by means of the event of a extremely expert AI workforce.”

FPT has over a decade of expertise in AI analysis and improvement. Most just lately, it introduced investments of USD 174 million to ascertain an AI heart in Binh Dinh, Vietnam, and a plan to speculate USD 200 million to develop an AI manufacturing facility utilising NVIDIA’s superior graphics chips and software program. These AI initiatives are additional boosted by in depth international partnerships with main AI gamers akin to NVIDIA, Touchdown AI, AITOMATIC, and the founding membership of the AI Alliance led by IBM and Meta. The tech agency additionally boasts an AI workforce of over 1,500 engineers, with further sources of 1,300 FPT College college students majoring in AI yearly. Its AI Residency programme, established in collaboration with Mila Quebec AI Institute, additionally actively cultivates the subsequent generations of AI skills.

However, NUS boasts sturdy capabilities in AI analysis. The College has solid sturdy connections with authorities businesses, business, and worldwide companions by means of varied AI initiatives. To reinforce its affect within the AI panorama, NUS launched the NUS AI Institute in March 2024, which focuses on each basic and utilized analysis in AI, in addition to explores the societal implications of AI.

About FPT Company

FPT Company (FPT) is a globally main expertise and IT providers supplier headquartered in Vietnam. FPT operates in three core sectors: Know-how, Telecommunications, and Training. Throughout over three many years of improvement, FPT has always offered sensible and efficient merchandise to hundreds of thousands of individuals and tens of hundreds of enterprise and non-business organizations worldwide, establishing Vietnam’s place on the worldwide tech map. Maintaining with the most recent market developments and rising applied sciences, FPT has developed the Made-by-FPT ecosystem of providers, merchandise, options, and platforms, which permits sustainable progress for organizations and companies and presents distinctive experiences to clients. In 2023, FPT recorded a complete income of USD 2.17 billion and 48,000+ workers. For extra data, please go to https://fpt.com/en

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About Nationwide College of Singapore (NUS)

The Nationwide College of Singapore (NUS) is Singapore’s flagship college, which presents a world strategy to schooling, analysis and entrepreneurship, with a deal with Asian views and experience. We now have 16 schools, colleges and faculties throughout three campuses in Singapore, with greater than 40,000 college students from 100 international locations enriching our vibrant and various campus neighborhood. We now have additionally established greater than 20 NUS Abroad Faculties entrepreneurial hubs all over the world.

Our multidisciplinary and real-world strategy to schooling, analysis and entrepreneurship permits us to work carefully with business, governments and academia to deal with essential and sophisticated points related to Asia and the world. Researchers in our colleges, analysis centres of excellence, company labs and greater than 30 university-level analysis institutes deal with themes that embrace power; environmental and concrete sustainability; remedy and prevention of illnesses; lively ageing; superior supplies; danger administration and resilience of monetary programs; Asian research; and Sensible Nation capabilities akin to synthetic intelligence, information science, operations analysis and cybersecurity.

For extra data on NUS, please go to nus.edu.sg

View supply model on businesswire.com: https://www.businesswire.com/information/house/20241020470114/en/

Contacts

Media Contacts:

FPT
Mai DUONG
Public Relations Supervisor
FPT Software program
DID: +84 (24) 3 768 9048
E-mail: MCP.PR@fpt.com

NUS
Lyn LAI
Supervisor
Workplace of College Communications
Nationwide College of Singapore
DID: +65 6516 1526
E-mail: lyn.lai@nus.edu.sg

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